Koss Olinger Consulting LLC trimmed its holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY – Free Report) by 15.0% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 1,256,588 shares of the company’s stock after selling 221,759 shares during the period. iShares Broad USD High Yield Corporate Bond ETF makes up about 3.9% of Koss Olinger Consulting LLC’s holdings, making the stock its 7th largest holding. Koss Olinger Consulting LLC owned approximately 0.20% of iShares Broad USD High Yield Corporate Bond ETF worth $46,293,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in the business. IMA Advisory Services Inc. purchased a new stake in iShares Broad USD High Yield Corporate Bond ETF in the first quarter valued at $176,000. Bessemer Group Inc. grew its holdings in shares of iShares Broad USD High Yield Corporate Bond ETF by 1.6% during the 1st quarter. Bessemer Group Inc. now owns 37,407 shares of the company’s stock worth $1,378,000 after purchasing an additional 604 shares during the period. Ethos Financial Group LLC increased its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 1.0% during the 1st quarter. Ethos Financial Group LLC now owns 95,196 shares of the company’s stock worth $3,507,000 after purchasing an additional 929 shares during the last quarter. Anchor Investment Management LLC increased its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 80.2% during the 1st quarter. Anchor Investment Management LLC now owns 809 shares of the company’s stock worth $30,000 after purchasing an additional 360 shares during the last quarter. Finally, Manning & Napier Advisors LLC increased its position in shares of iShares Broad USD High Yield Corporate Bond ETF by 32.2% during the 1st quarter. Manning & Napier Advisors LLC now owns 481,267 shares of the company’s stock worth $17,730,000 after purchasing an additional 117,101 shares during the last quarter.
iShares Broad USD High Yield Corporate Bond ETF Stock Performance
Shares of USHY opened at $36.87 on Monday. The company’s 50-day moving average price is $36.94 and its 200 day moving average price is $37.13. iShares Broad USD High Yield Corporate Bond ETF has a 12-month low of $36.39 and a 12-month high of $37.87. The firm has a market cap of $23.20 billion, a P/E ratio of 10.79 and a beta of 0.41.
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.
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