Kohmann Bosshard Financial Services LLC Acquires 4,749 Shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Kohmann Bosshard Financial Services LLC grew its holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 69.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,580 shares of the company’s stock after purchasing an additional 4,749 shares during the quarter. Kohmann Bosshard Financial Services LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $426,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of USHY. L & S Advisors Inc grew its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 2.6% in the 3rd quarter. L & S Advisors Inc now owns 13,234 shares of the company’s stock worth $498,000 after buying an additional 332 shares during the last quarter. Diversified Portfolios Inc. grew its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 4.5% in the 3rd quarter. Diversified Portfolios Inc. now owns 7,795 shares of the company’s stock worth $293,000 after buying an additional 334 shares during the last quarter. ORG Partners LLC grew its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 19.4% in the 4th quarter. ORG Partners LLC now owns 2,601 shares of the company’s stock worth $96,000 after buying an additional 423 shares during the last quarter. Covestor Ltd grew its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 10.7% in the 3rd quarter. Covestor Ltd now owns 8,247 shares of the company’s stock worth $311,000 after buying an additional 800 shares during the last quarter. Finally, Continuum Advisory LLC grew its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 11.4% in the 3rd quarter. Continuum Advisory LLC now owns 8,401 shares of the company’s stock worth $312,000 after buying an additional 863 shares during the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Performance

Shares of iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.45 on Friday. The stock has a market cap of $18.74 billion, a P/E ratio of 16.47 and a beta of 0.46. The stock has a 50-day moving average price of $37.09 and a 200 day moving average price of $37.20.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.2103 per share. The ex-dividend date of this dividend is Monday, March 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.