iShares Broad USD High Yield Corporate Bond ETF $USHY Shares Sold by Ethos Financial Group LLC

Ethos Financial Group LLC reduced its position in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 62.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 98,772 shares of the company’s stock after selling 165,296 shares during the quarter. Ethos Financial Group LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $3,705,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc increased its stake in iShares Broad USD High Yield Corporate Bond ETF by 20.1% during the second quarter. AdvisorNet Financial Inc now owns 2,868 shares of the company’s stock valued at $108,000 after purchasing an additional 480 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 7.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 9,983 shares of the company’s stock valued at $374,000 after buying an additional 665 shares during the period. Trust Co. of Toledo NA OH acquired a new position in shares of iShares Broad USD High Yield Corporate Bond ETF in the 2nd quarter valued at about $41,000. GW&K Investment Management LLC grew its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 14.9% during the 1st quarter. GW&K Investment Management LLC now owns 9,793 shares of the company’s stock valued at $360,000 after buying an additional 1,268 shares during the last quarter. Finally, Baird Financial Group Inc. raised its stake in iShares Broad USD High Yield Corporate Bond ETF by 0.5% during the first quarter. Baird Financial Group Inc. now owns 272,427 shares of the company’s stock worth $10,028,000 after acquiring an additional 1,449 shares during the period.

iShares Broad USD High Yield Corporate Bond ETF Stock Up 1.4%

Shares of USHY stock opened at $37.28 on Thursday. The business has a 50 day moving average of $37.60 and a two-hundred day moving average of $37.26. iShares Broad USD High Yield Corporate Bond ETF has a 52 week low of $34.90 and a 52 week high of $37.72. The company has a market cap of $23.45 billion, a P/E ratio of 10.79 and a beta of 0.41.

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.