iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) Shares Acquired by Hexagon Capital Partners LLC

Hexagon Capital Partners LLC grew its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 91.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,672 shares of the company’s stock after buying an additional 6,056 shares during the quarter. Hexagon Capital Partners LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $461,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Farmers & Merchants Investments Inc. acquired a new position in iShares Broad USD High Yield Corporate Bond ETF in the 3rd quarter worth about $31,000. Winch Advisory Services LLC acquired a new position in iShares Broad USD High Yield Corporate Bond ETF in the 3rd quarter worth about $36,000. Tennessee Valley Asset Management Partners acquired a new position in iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter worth about $45,000. ORG Partners LLC raised its holdings in iShares Broad USD High Yield Corporate Bond ETF by 13.2% in the 4th quarter. ORG Partners LLC now owns 2,531 shares of the company’s stock worth $92,000 after purchasing an additional 295 shares during the period. Finally, SVB Wealth LLC acquired a new position in iShares Broad USD High Yield Corporate Bond ETF in the 3rd quarter worth about $202,000.

iShares Broad USD High Yield Corporate Bond ETF Trading Down 0.6 %

BATS:USHY traded down $0.20 during trading hours on Tuesday, hitting $35.94. 6,281,132 shares of the stock were exchanged. The business’s 50-day simple moving average is $36.22 and its two-hundred day simple moving average is $35.85. The firm has a market cap of $11.40 billion, a P/E ratio of 17.08 and a beta of 0.33.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.2268 per share. This is a positive change from iShares Broad USD High Yield Corporate Bond ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Monday, April 1st.

iShares Broad USD High Yield Corporate Bond ETF 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.