Koss Olinger Consulting LLC Sells 221,759 Shares of iShares Broad USD High Yield Corporate Bond ETF $USHY

Koss Olinger Consulting LLC lessened its holdings in iShares Broad USD High Yield Corporate Bond ETF (BATS:USHY) by 15.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,256,588 shares of the company’s stock after selling 221,759 shares during the quarter. iShares Broad USD High Yield Corporate Bond ETF comprises approximately 3.9% of Koss Olinger Consulting LLC’s investment portfolio, making the stock its 7th largest holding. Koss Olinger Consulting LLC’s holdings in iShares Broad USD High Yield Corporate Bond ETF were worth $46,293,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of USHY. Polianta Ltd purchased a new stake in shares of iShares Broad USD High Yield Corporate Bond ETF during the fourth quarter worth $182,375,000. JPMorgan Chase & Co. boosted its holdings in iShares Broad USD High Yield Corporate Bond ETF by 56.0% in the fourth quarter. JPMorgan Chase & Co. now owns 11,904,449 shares of the company’s stock valued at $445,167,000 after purchasing an additional 4,272,229 shares during the period. Venturi Wealth Management LLC grew its stake in iShares Broad USD High Yield Corporate Bond ETF by 5,219.9% during the 1st quarter. Venturi Wealth Management LLC now owns 1,316,148 shares of the company’s stock worth $48,487,000 after purchasing an additional 1,291,408 shares in the last quarter. Ameriprise Financial Inc. grew its stake in iShares Broad USD High Yield Corporate Bond ETF by 335.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 614,001 shares of the company’s stock worth $23,011,000 after purchasing an additional 472,895 shares in the last quarter. Finally, TIAA Trust National Association grew its stake in iShares Broad USD High Yield Corporate Bond ETF by 4.3% during the 4th quarter. TIAA Trust National Association now owns 9,768,912 shares of the company’s stock worth $365,532,000 after purchasing an additional 403,934 shares in the last quarter.

iShares Broad USD High Yield Corporate Bond ETF Price Performance

Shares of BATS USHY opened at $36.87 on Monday. The company has a market cap of $23.20 billion, a price-to-earnings ratio of 10.79 and a beta of 0.41. The stock’s 50-day moving average is $36.94 and its two-hundred day moving average is $37.13. iShares Broad USD High Yield Corporate Bond ETF has a 1-year low of $36.39 and a 1-year high of $37.87.

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.