One Capital Management LLC Purchases 74,283 Shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

One Capital Management LLC raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 4.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,656,964 shares of the company’s stock after buying an additional 74,283 shares during the period. iShares Broad USD High Yield Corporate Bond ETF comprises 2.0% of One Capital Management LLC’s portfolio, making the stock its 7th biggest position. One Capital Management LLC owned about 0.54% of iShares Broad USD High Yield Corporate Bond ETF worth $60,960,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. ORG Partners LLC lifted its position in iShares Broad USD High Yield Corporate Bond ETF by 19.4% during the 4th quarter. ORG Partners LLC now owns 2,601 shares of the company’s stock worth $96,000 after buying an additional 423 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter valued at approximately $805,000. American Trust lifted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 35.2% during the 3rd quarter. American Trust now owns 246,199 shares of the company’s stock worth $9,269,000 after buying an additional 64,045 shares in the last quarter. Arkadios Wealth Advisors boosted its position in iShares Broad USD High Yield Corporate Bond ETF by 15.8% in the 4th quarter. Arkadios Wealth Advisors now owns 22,138 shares of the company’s stock valued at $814,000 after buying an additional 3,028 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 833.5% during the third quarter. Sunbelt Securities Inc. now owns 33,233 shares of the company’s stock worth $1,251,000 after acquiring an additional 29,673 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.15 on Thursday. The firm has a 50-day moving average price of $37.10 and a 200-day moving average price of $37.20. The company has a market capitalization of $18.59 billion, a PE ratio of 16.47 and a beta of 0.46.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

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