18,206 Shares in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) Purchased by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC acquired a new stake in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 18,206 shares of the company’s stock, valued at approximately $670,000.

A number of other institutional investors have also bought and sold shares of the business. Sunbelt Securities Inc. increased its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 187.6% in the second quarter. Sunbelt Securities Inc. now owns 3,560 shares of the company’s stock valued at $129,000 after purchasing an additional 2,322 shares during the last quarter. American Trust increased its stake in shares of iShares Broad USD High Yield Corporate Bond ETF by 105.0% in the 2nd quarter. American Trust now owns 182,154 shares of the company’s stock worth $6,609,000 after acquiring an additional 93,295 shares during the last quarter. Massmutual Trust Co. FSB ADV raised its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 606.5% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 2,381 shares of the company’s stock worth $90,000 after acquiring an additional 2,044 shares during the period. First PREMIER Bank acquired a new position in shares of iShares Broad USD High Yield Corporate Bond ETF during the 3rd quarter valued at about $633,000. Finally, Pinnacle Bancorp Inc. grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 429.1% in the third quarter. Pinnacle Bancorp Inc. now owns 1,238 shares of the company’s stock valued at $47,000 after purchasing an additional 1,004 shares during the period.

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

Shares of USHY stock opened at $37.31 on Thursday. The stock has a market capitalization of $11.43 billion, a P/E ratio of 17.02 and a beta of 0.34. The stock’s 50 day moving average price is $37.09 and its 200-day moving average price is $37.11.

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.