Ethos Financial Group LLC Increases Stake in 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% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 264,068 shares of the company’s stock after purchasing an additional 245,894 shares during the quarter. iShares Broad USD High Yield Corporate Bond ETF comprises about 1.3% of Ethos Financial Group LLC’s portfolio, making the stock its 21st largest holding. Ethos Financial Group LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $9,715,000 as of its most recent filing with the Securities & Exchange Commission.

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

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

Shares of iShares Broad USD High Yield Corporate Bond ETF stock opened at $37.15 on Thursday. The stock has a market cap of $18.59 billion, a price-to-earnings ratio of 16.47 and a beta of 0.46. The firm has a 50 day moving average of $37.10 and a 200 day moving average of $37.20.

iShares Broad USD High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared 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 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.