11,572 Shares in iShares Broad USD Investment Grade Corporate Bond ETF $USIG Purchased by Davidson Trust Co.

Davidson Trust Co. acquired a new stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 11,572 shares of the company’s stock, valued at approximately $564,000.

Several other large investors also recently modified their holdings of the company. Bessemer Group Inc. raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 1.1% during the first quarter. Bessemer Group Inc. now owns 28,127 shares of the company’s stock worth $1,441,000 after buying an additional 312 shares during the last quarter. Harbor Investment Advisory LLC lifted its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 3,147.6% in the first quarter. Harbor Investment Advisory LLC now owns 682 shares of the company’s stock valued at $35,000 after buying an additional 661 shares during the period. Creative Capital Management Investments LLC bought a new stake in iShares Broad USD Investment Grade Corporate Bond ETF during the first quarter valued at $34,000. CoreCap Advisors LLC boosted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 17.9% during the second quarter. CoreCap Advisors LLC now owns 4,443 shares of the company’s stock valued at $228,000 after acquiring an additional 675 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 1.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 46,046 shares of the company’s stock worth $2,359,000 after acquiring an additional 824 shares during the period.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

USIG stock opened at $48.77 on Friday. The stock has a 50-day moving average price of $49.74 and a 200-day moving average price of $50.60. iShares Broad USD Investment Grade Corporate Bond ETF has a 1-year low of $48.30 and a 1-year high of $52.72.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.2062 per share. This represents a $2.47 annualized dividend and a dividend yield of 5.1%. The ex-dividend date was Thursday, October 1st. This is a positive change from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.2041.

iShares Broad USD Investment Grade Corporate Bond ETF 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.