Olistico Wealth LLC Invests $61,000 in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Olistico Wealth LLC purchased a new stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 1,684 shares of the company’s stock, valued at approximately $61,000.

A number of other hedge funds also recently modified their holdings of USHY. Tennessee Valley Asset Management Partners bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter valued at $45,000. EverSource Wealth Advisors LLC boosted its position in iShares Broad USD High Yield Corporate Bond ETF by 574.3% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,524 shares of the company’s stock valued at $55,000 after buying an additional 1,298 shares in the last quarter. ICA Group Wealth Management LLC bought a new stake in iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter worth about $77,000. Financial Management Professionals Inc. increased its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 1,973.1% during the first quarter. Financial Management Professionals Inc. now owns 2,239 shares of the company’s stock worth $82,000 after buying an additional 2,131 shares in the last quarter. Finally, ORG Partners LLC raised its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 13.2% in the fourth quarter. ORG Partners LLC now owns 2,531 shares of the company’s stock valued at $92,000 after acquiring an additional 295 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

iShares Broad USD High Yield Corporate Bond ETF stock traded up $0.14 on Wednesday, reaching $36.44. The company’s stock had a trading volume of 12,919,722 shares. The stock has a market capitalization of $11.16 billion, a P/E ratio of 17.02 and a beta of 0.34. The company’s fifty day moving average is $36.43 and its two-hundred day moving average is $36.31.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were paid a dividend of $0.2078 per share. The ex-dividend date of this dividend was Monday, July 1st. This is a positive change from iShares Broad USD High Yield Corporate Bond ETF’s previous dividend of $0.20.

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.