Bank of New York Mellon Corp Reduces Stock Position in iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG)

Bank of New York Mellon Corp trimmed its stake in shares of iShares US & Intl High Yield Corp Bond ETF (BATS:GHYG) by 18.8% in the 4th quarter, Holdings Channel reports. The firm owned 7,130 shares of the company’s stock after selling 1,656 shares during the period. Bank of New York Mellon Corp’s holdings in iShares US & Intl High Yield Corp Bond ETF were worth $314,000 as of its most recent filing with the Securities & Exchange Commission.

iShares US & Intl High Yield Corp Bond ETF Stock Performance

GHYG stock opened at $44.61 on Friday. The company has a market cap of $151.66 million, a price-to-earnings ratio of 10.99 and a beta of 0.52. The business’s 50-day moving average is $44.65 and its two-hundred day moving average is $44.75. iShares US & Intl High Yield Corp Bond ETF has a fifty-two week low of $42.92 and a fifty-two week high of $45.88.

iShares US & Intl High Yield Corp Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.207 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

iShares US & Intl High Yield Corp Bond ETF Profile

The iShares US & Intl High Yield Corp Bond ETF (GHYG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield bonds issued in developed markets and denominated in local currencies. GHYG was launched on Apr 3, 2012 and is managed by BlackRock.