GoalVest Advisory LLC Has $40,000 Stock Holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

GoalVest Advisory LLC cut its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 35.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,088 shares of the company’s stock after selling 601 shares during the period. GoalVest Advisory LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $40,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Grey Fox Wealth Advisors LLC raised its holdings in iShares Broad USD High Yield Corporate Bond ETF by 24.8% in the 1st quarter. Grey Fox Wealth Advisors LLC now owns 101,752 shares of the company’s stock valued at $3,723,000 after acquiring an additional 20,236 shares in the last quarter. Strategic Advocates LLC increased its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 4.1% in the 1st quarter. Strategic Advocates LLC now owns 25,226 shares of the company’s stock valued at $923,000 after purchasing an additional 985 shares during the last quarter. ICA Group Wealth Management LLC bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter valued at $77,000. Fisher Asset Management LLC increased its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 5.5% in the 4th quarter. Fisher Asset Management LLC now owns 27,257,262 shares of the company’s stock valued at $990,802,000 after purchasing an additional 1,414,856 shares during the last quarter. Finally, Richardson Financial Services Inc. bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter valued at $385,000.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

Shares of USHY opened at $36.34 on Friday. The firm has a 50-day simple moving average of $36.21 and a two-hundred day simple moving average of $36.25. The company has a market cap of $11.13 billion, a price-to-earnings ratio of 17.02 and a beta of 0.34.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were paid a $0.2021 dividend. The ex-dividend date of this dividend was Monday, June 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.