First Command Advisory Services Inc. Buys 39,118 Shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

First Command Advisory Services Inc. lifted its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 11.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 375,460 shares of the company’s stock after buying an additional 39,118 shares during the quarter. iShares Broad USD High Yield Corporate Bond ETF comprises 0.1% of First Command Advisory Services Inc.’s portfolio, making the stock its 29th biggest holding. First Command Advisory Services Inc. owned 0.12% of iShares Broad USD High Yield Corporate Bond ETF worth $13,813,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its stake in iShares Broad USD High Yield Corporate Bond ETF by 304.4% during the third quarter. JPMorgan Chase & Co. now owns 63,967,523 shares of the company’s stock valued at $2,408,377,000 after buying an additional 95,267,754 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 107.5% in the third quarter. BNP Paribas Financial Markets now owns 5,188,732 shares of the company’s stock valued at $195,356,000 after purchasing an additional 2,688,663 shares in the last quarter. Sumitomo Life Insurance Co. grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 1,026.9% in the fourth quarter. Sumitomo Life Insurance Co. now owns 724,600 shares of the company’s stock valued at $26,658,000 after purchasing an additional 660,300 shares in the last quarter. Nisa Investment Advisors LLC bought a new stake in iShares Broad USD High Yield Corporate Bond ETF in the third quarter worth $12,801,000. Finally, Bank of New York Mellon Corp raised its stake in iShares Broad USD High Yield Corporate Bond ETF by 7.0% during the fourth quarter. Bank of New York Mellon Corp now owns 1,738,878 shares of the company’s stock valued at $63,973,000 after purchasing an additional 114,005 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Trading Up 1.7 %

USHY opened at $37.40 on Thursday. The stock has a 50 day moving average of $37.05 and a 200-day moving average of $37.19. The stock has a market capitalization of $18.71 billion, a price-to-earnings ratio of 16.47 and a beta of 0.46.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.2143 per share. This is a positive change from iShares Broad USD High Yield Corporate Bond ETF’s previous dividend of $0.21. The ex-dividend date of this dividend was Monday, February 3rd.

iShares Broad USD High Yield Corporate Bond ETF Company Profile

The iShares Broad USD High Yield Corporate Bond ETF (USHY) is an exchange-traded fund that is based on the ICE BofA US High Yield Constrained index. The fund tracks a market value-weighted index of USD-denominated high yield corporate debt with broad maturities. USHY was launched on Oct 25, 2017 and is managed by BlackRock.