Ethos Financial Group LLC Acquires Shares of 17,737 iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Ethos Financial Group LLC bought a new position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) in the fourth quarter, HoldingsChannel reports. The firm bought 17,737 shares of the company’s stock, valued at approximately $645,000.

A number of other large investors have also modified their holdings of the business. Winch Advisory Services LLC acquired a new stake in iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter valued at $36,000. Tennessee Valley Asset Management Partners acquired a new position in iShares Broad USD High Yield Corporate Bond ETF in the fourth quarter worth about $45,000. ORG Partners LLC grew its stake in iShares Broad USD High Yield Corporate Bond ETF by 13.2% in the fourth quarter. ORG Partners LLC now owns 2,531 shares of the company’s stock worth $92,000 after purchasing an additional 295 shares in the last quarter. Covestor Ltd boosted its stake in iShares Broad USD High Yield Corporate Bond ETF by 4.9% in the third quarter. Covestor Ltd now owns 6,382 shares of the company’s stock valued at $222,000 after acquiring an additional 299 shares during the period. Finally, Cary Street Partners Investment Advisory LLC boosted its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 12.7% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 7,183 shares of the company’s stock worth $249,000 after buying an additional 807 shares during the period.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

BATS:USHY traded up $0.01 during midday trading on Thursday, hitting $36.22. 5,335,214 shares of the stock were exchanged. The company has a market cap of $11.09 billion, a P/E ratio of 17.02 and a beta of 0.34. The company’s 50 day moving average price is $36.19 and its 200-day moving average price is $35.94.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.2268 dividend. The ex-dividend date was Monday, April 1st. This is a boost from iShares Broad USD High Yield Corporate Bond ETF’s previous dividend of $0.20.

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.