American Trust Has $6.61 Million Position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

American Trust increased its position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 105.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 182,154 shares of the company’s stock after acquiring an additional 93,295 shares during the period. American Trust owned about 0.06% of iShares Broad USD High Yield Corporate Bond ETF worth $6,609,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of USHY. Family Firm Inc. acquired a new stake in iShares Broad USD High Yield Corporate Bond ETF in the second quarter valued at approximately $27,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 71.7% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 812 shares of the company’s stock worth $29,000 after purchasing an additional 339 shares in the last quarter. GPS Wealth Strategies Group LLC increased its position in iShares Broad USD High Yield Corporate Bond ETF by 79.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 963 shares of the company’s stock worth $35,000 after buying an additional 425 shares during the last quarter. Olistico Wealth LLC bought a new position in iShares Broad USD High Yield Corporate Bond ETF during the second quarter valued at about $61,000. Finally, ICA Group Wealth Management LLC acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter worth about $77,000.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

USHY opened at $37.43 on Wednesday. The business’s 50-day moving average is $37.09 and its 200-day moving average is $36.55. The company has a market cap of $11.46 billion, a P/E ratio of 17.02 and a beta of 0.34.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.2069 per share. The ex-dividend date was Tuesday, September 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.