First Command Advisory Services Inc. Buys 39,118 Shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

First Command Advisory Services Inc. raised its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 11.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 375,460 shares of the company’s stock after buying an additional 39,118 shares during the period. iShares Broad USD High Yield Corporate Bond ETF comprises 0.1% of First Command Advisory Services Inc.’s holdings, making the stock its 29th biggest holding. First Command Advisory Services Inc.’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $13,813,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Fortitude Family Office LLC bought a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the third quarter valued at about $27,000. First Financial Corp IN bought a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the 4th quarter valued at about $44,000. Transcendent Capital Group LLC purchased a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF in the 3rd quarter worth approximately $49,000. Wilmington Savings Fund Society FSB bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the third quarter valued at approximately $74,000. Finally, BankPlus Trust Department purchased a new position in iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter valued at approximately $91,000.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of BATS USHY opened at $37.40 on Thursday. The company has a market cap of $18.71 billion, a PE ratio of 16.47 and a beta of 0.46. The firm’s 50-day moving average is $37.05 and its two-hundred day moving average is $37.19.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.2143 per share. This is an increase from iShares Broad USD High Yield Corporate Bond ETF’s previous dividend of $0.21. The ex-dividend date of this dividend was Monday, February 3rd.

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.