Ethos Financial Group LLC Makes New $645,000 Investment in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Ethos Financial Group LLC acquired a new position in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 17,737 shares of the company’s stock, valued at approximately $645,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. grew its holdings in iShares Broad USD High Yield Corporate Bond ETF by 1,149.8% in the fourth quarter. Cullen Frost Bankers Inc. now owns 21,059 shares of the company’s stock worth $766,000 after purchasing an additional 19,374 shares during the last quarter. Pointe Capital Management LLC grew its position in iShares Broad USD High Yield Corporate Bond ETF by 7.3% during the 4th quarter. Pointe Capital Management LLC now owns 59,277 shares of the company’s stock worth $2,155,000 after purchasing an additional 4,028 shares during the period. Natixis Advisors L.P. boosted its position in iShares Broad USD High Yield Corporate Bond ETF by 147.3% in the 4th quarter. Natixis Advisors L.P. now owns 50,028 shares of the company’s stock worth $1,818,000 after purchasing an additional 29,800 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 36,994.4% during the 4th quarter. First Horizon Advisors Inc. now owns 33,014 shares of the company’s stock valued at $1,200,000 after purchasing an additional 32,925 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 5.7% during the fourth quarter. Fisher Asset Management LLC now owns 27,327,559 shares of the company’s stock worth $993,357,000 after buying an additional 1,485,153 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Stock Up 0.0 %

Shares of iShares Broad USD High Yield Corporate Bond ETF stock traded up $0.01 during trading hours on Thursday, reaching $36.22. The stock had a trading volume of 5,335,214 shares. The stock has a market cap of $11.09 billion, a price-to-earnings ratio of 17.02 and a beta of 0.34. The company’s fifty day simple moving average is $36.19 and its 200 day simple moving average is $35.94.

iShares Broad USD High Yield Corporate Bond ETF Increases Dividend

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

About iShares Broad USD High Yield Corporate Bond ETF

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.