Kingswood Wealth Advisors LLC Buys New Stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY)

Kingswood Wealth Advisors LLC purchased a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 18,206 shares of the company’s stock, valued at approximately $670,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in USHY. JPMorgan Chase & Co. grew its stake in iShares Broad USD High Yield Corporate Bond ETF by 304.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 63,967,523 shares of the company’s stock valued at $2,408,377,000 after acquiring an additional 95,267,754 shares during the period. BNP Paribas Financial Markets grew its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 107.5% in the third quarter. BNP Paribas Financial Markets now owns 5,188,732 shares of the company’s stock valued at $195,356,000 after purchasing an additional 2,688,663 shares during the period. Rebalance LLC increased its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 2.6% during the third quarter. Rebalance LLC now owns 1,607,103 shares of the company’s stock worth $60,507,000 after purchasing an additional 41,041 shares in the last quarter. Prime Capital Investment Advisors LLC raised its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 4.0% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 980,014 shares of the company’s stock worth $36,898,000 after purchasing an additional 37,728 shares during the last quarter. Finally, Loomis Sayles & Co. L P lifted its stake in iShares Broad USD High Yield Corporate Bond ETF by 17.8% in the 3rd quarter. Loomis Sayles & Co. L P now owns 444,473 shares of the company’s stock valued at $16,734,000 after buying an additional 67,321 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Trading Up 1.5 %

BATS:USHY opened at $37.31 on Thursday. The business’s 50 day moving average price is $37.09 and its 200 day moving average price is $37.11. The stock has a market cap of $11.43 billion, a price-to-earnings ratio of 17.02 and a beta of 0.34.

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.