Avior Wealth Management LLC Has $439,000 Stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Avior Wealth Management LLC boosted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 7.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,075 shares of the company’s stock after buying an additional 879 shares during the period. Avior Wealth Management LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $439,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of USHY. Loomis Sayles & Co. L P bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 1st quarter worth about $809,000. Laurel Wealth Advisors Inc. bought a new position in iShares Broad USD High Yield Corporate Bond ETF during the first quarter worth about $374,000. High Net Worth Advisory Group LLC lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 5.8% during the first quarter. High Net Worth Advisory Group LLC now owns 40,374 shares of the company’s stock worth $1,568,000 after purchasing an additional 2,206 shares during the period. BTS Asset Management Inc. acquired a new stake in iShares Broad USD High Yield Corporate Bond ETF during the first quarter valued at approximately $3,203,000. Finally, Flow Traders U.S. LLC grew its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 433.3% in the 1st quarter. Flow Traders U.S. LLC now owns 89,816 shares of the company’s stock valued at $3,490,000 after purchasing an additional 72,974 shares during the period.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

Shares of USHY opened at $35.69 on Friday. The firm has a market cap of $11.32 billion, a PE ratio of 17.08 and a beta of 0.33. The stock has a 50-day moving average of $36.25 and a 200 day moving average of $35.74.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

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

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.