iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) Shares Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 7.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,425,031 shares of the company’s stock after buying an additional 1,302,847 shares during the period. iShares Broad USD High Yield Corporate Bond ETF accounts for 0.7% of Jones Financial Companies Lllp’s investment portfolio, making the stock its 20th largest position. Jones Financial Companies Lllp owned 6.34% of iShares Broad USD High Yield Corporate Bond ETF worth $714,647,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the stock. First Financial Corp IN acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the 4th quarter worth approximately $44,000. Transcendent Capital Group LLC acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the third quarter valued at $49,000. Wilmington Savings Fund Society FSB purchased a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter worth approximately $74,000. BankPlus Trust Department acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter valued at $91,000. Finally, GPS Wealth Strategies Group LLC boosted its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 149.6% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 2,551 shares of the company’s stock valued at $94,000 after buying an additional 1,529 shares during the period.

iShares Broad USD High Yield Corporate Bond ETF Stock Up 1.9 %

Shares of iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.45 on Friday. The business has a 50-day moving average price of $37.09 and a 200 day moving average price of $37.20. The stock has a market capitalization of $18.74 billion, a P/E ratio of 16.47 and a beta of 0.46.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be paid a dividend of $0.2103 per share. The ex-dividend date is Monday, March 3rd.

About iShares Broad USD High Yield Corporate Bond ETF

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.