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

Strategic Investment Advisors MI raised its position in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 82.5% during the first quarter, HoldingsChannel reports. The firm owned 426,907 shares of the company’s stock after buying an additional 192,960 shares during the quarter. iShares Broad USD Investment Grade Corporate Bond ETF accounts for 1.5% of Strategic Investment Advisors MI’s holdings, making the stock its 18th biggest position. Strategic Investment Advisors MI’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $21,856,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of USIG. TIAA Trust National Association lifted its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 4.1% during the 4th quarter. TIAA Trust National Association now owns 25,593,092 shares of the company’s stock worth $1,327,404,000 after purchasing an additional 1,002,085 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 21.0% in the second quarter. Ameriprise Financial Inc. now owns 9,978,176 shares of the company’s stock valued at $509,873,000 after buying an additional 1,735,043 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 0.9% in the first quarter. Bank of New York Mellon Corp now owns 1,583,035 shares of the company’s stock valued at $81,099,000 after buying an additional 14,073 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 1.9% in the fourth quarter. JPMorgan Chase & Co. now owns 1,449,857 shares of the company’s stock valued at $75,059,000 after buying an additional 27,651 shares in the last quarter. Finally, Crestwood Advisors Group LLC raised its stake in 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 buying an additional 112,916 shares in the last quarter.

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

NASDAQ:USIG opened at $50.31 on Thursday. The stock has a 50-day simple moving average of $50.96 and a 200-day simple moving average of $51.36. iShares Broad USD Investment Grade Corporate Bond ETF has a 1 year low of $50.20 and a 1 year high of $52.72.

iShares Broad USD Investment Grade Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a dividend of $0.2016 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.8%.

About iShares Broad USD Investment Grade Corporate Bond ETF

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.