Loomis Sayles & Co. L P Purchases 67,321 Shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Loomis Sayles & Co. L P grew its position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 17.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 444,473 shares of the company’s stock after acquiring an additional 67,321 shares during the quarter. Loomis Sayles & Co. L P owned 0.15% of iShares Broad USD High Yield Corporate Bond ETF worth $16,734,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of USHY. Family Firm Inc. acquired a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the 2nd quarter valued at about $27,000. Fortitude Family Office LLC bought a new position in iShares Broad USD High Yield Corporate Bond ETF during the third quarter worth about $27,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 71.7% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 812 shares of the company’s stock valued at $29,000 after purchasing an additional 339 shares in the last quarter. GPS Wealth Strategies Group LLC grew its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 79.0% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 963 shares of the company’s stock valued at $35,000 after purchasing an additional 425 shares during the period. Finally, Pinnacle Bancorp Inc. raised its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 429.1% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,238 shares of the company’s stock worth $47,000 after buying an additional 1,004 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.31 on Wednesday. The stock’s 50 day moving average is $37.31 and its 200 day moving average is $36.85. The company has a market cap of $11.43 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 company also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.2069 dividend. 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.