iShares Broad USD Investment Grade Corporate Bond ETF $USIG Shares Bought by Strategic Investment Advisors MI

Strategic Investment Advisors MI grew its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 82.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 426,907 shares of the company’s stock after purchasing an additional 192,960 shares during the period. iShares Broad USD Investment Grade Corporate Bond ETF comprises about 1.5% of Strategic Investment Advisors MI’s portfolio, making the stock its 18th biggest position. Strategic Investment Advisors MI owned about 0.13% of iShares Broad USD Investment Grade Corporate Bond ETF worth $21,856,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Ameriprise Financial Inc. increased its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 21.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 9,978,176 shares of the company’s stock worth $509,873,000 after buying an additional 1,735,043 shares during the period. TIAA Trust National Association grew its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 4.1% in the fourth quarter. TIAA Trust National Association now owns 25,593,092 shares of the company’s stock worth $1,327,404,000 after acquiring an additional 1,002,085 shares in the last quarter. Runnymede Capital Advisors Inc. purchased a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the fourth quarter worth $9,061,000. Bank of New York Mellon Corp increased its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 7.9% during the fourth quarter. Bank of New York Mellon Corp now owns 1,568,962 shares of the company’s stock worth $81,225,000 after acquiring an additional 115,328 shares during the period. Finally, Crestwood Advisors Group LLC raised its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 21.0% in the fourth quarter. Crestwood Advisors Group LLC now owns 650,115 shares of the company’s stock valued at $33,656,000 after acquiring an additional 112,916 shares in the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Trading Down 0.4%

NASDAQ:USIG opened at $50.31 on Thursday. The stock has a fifty day moving average price of $50.96 and a 200 day moving average price of $51.36. iShares Broad USD Investment Grade Corporate Bond ETF has a 12-month low of $50.20 and a 12-month high of $52.72.

iShares Broad USD Investment Grade Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.2016 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.8%.

iShares Broad USD Investment Grade Corporate Bond ETF Company Profile

The iShares Broad USD Investment Grade Corporate Bond ETF (USIG) is an exchange-traded fund that is based on the ICE BofA US Corporate index. The fund tracks a market-value-weighted index of USD-denominated, investment-grade corporate debt. USIG was launched on Jan 5, 2007 and is managed by BlackRock.