UMB Bank n.a. Buys 20,071 Shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

UMB Bank n.a. grew its stake in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHYFree Report) by 27.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 92,056 shares of the company’s stock after purchasing an additional 20,071 shares during the period. UMB Bank n.a.’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $3,346,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in USHY. Farmers & Merchants Investments Inc. bought a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter worth approximately $31,000. Winch Advisory Services LLC bought a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter worth approximately $36,000. Kozak & Associates Inc. bought a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter worth approximately $38,000. BNP Paribas Arbitrage SA bought a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 1st quarter worth approximately $53,000. Finally, Cornerstone Planning Group LLC bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the second quarter valued at approximately $60,000.

iShares Broad USD High Yield Corporate Bond ETF Trading Down 0.1 %

Shares of BATS USHY opened at $36.16 on Wednesday. The firm’s fifty day moving average price is $36.36 and its two-hundred day moving average price is $35.66. The company has a market capitalization of $9.60 billion, a price-to-earnings ratio of 59.99 and a beta of 0.44.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd will be issued 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 is Monday, April 1st.

About iShares Broad USD High Yield Corporate Bond ETF

(Free Report)

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.

See Also

Institutional Ownership by Quarter for iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

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