Ethos Financial Group LLC Buys 245,894 Shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Ethos Financial Group LLC lifted its stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 1,353.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 264,068 shares of the company’s stock after purchasing an additional 245,894 shares during the period. iShares Broad USD High Yield Corporate Bond ETF comprises about 1.3% of Ethos Financial Group LLC’s investment portfolio, making the stock its 21st largest position. Ethos Financial Group LLC owned 0.09% of iShares Broad USD High Yield Corporate Bond ETF worth $9,715,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. One Capital Management LLC grew its holdings in iShares Broad USD High Yield Corporate Bond ETF by 4.7% during the 4th quarter. One Capital Management LLC now owns 1,656,964 shares of the company’s stock worth $60,960,000 after acquiring an additional 74,283 shares in the last quarter. Cullen Frost Bankers Inc. grew its holdings in iShares Broad USD High Yield Corporate Bond ETF by 488.0% during the 4th quarter. Cullen Frost Bankers Inc. now owns 3,434 shares of the company’s stock worth $126,000 after acquiring an additional 2,850 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in iShares Broad USD High Yield Corporate Bond ETF by 7.2% during the 4th quarter. Jones Financial Companies Lllp now owns 19,425,031 shares of the company’s stock worth $714,647,000 after acquiring an additional 1,302,847 shares in the last quarter. Kohmann Bosshard Financial Services LLC grew its holdings in iShares Broad USD High Yield Corporate Bond ETF by 69.5% during the 4th quarter. Kohmann Bosshard Financial Services LLC now owns 11,580 shares of the company’s stock worth $426,000 after acquiring an additional 4,749 shares in the last quarter. Finally, First Command Advisory Services Inc. grew its holdings in iShares Broad USD High Yield Corporate Bond ETF by 11.6% during the 4th quarter. First Command Advisory Services Inc. now owns 375,460 shares of the company’s stock worth $13,813,000 after acquiring an additional 39,118 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Trading Up 1.0 %

Shares of iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.15 on Thursday. The business’s 50-day simple moving average is $37.10 and its 200-day simple moving average is $37.20. The company has a market cap of $18.59 billion, a PE ratio of 16.47 and a beta of 0.46.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be issued a $0.2103 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

iShares Broad USD High Yield Corporate Bond ETF Company 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.