iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) Shares Bought by AdvisorNet Financial Inc

AdvisorNet Financial Inc boosted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 50.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 618 shares of the company’s stock after purchasing an additional 208 shares during the period. AdvisorNet Financial Inc’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $31,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in USIG. JPMorgan Chase & Co. lifted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 23.1% during the third quarter. JPMorgan Chase & Co. now owns 1,172,235 shares of the company’s stock valued at $61,636,000 after purchasing an additional 219,971 shares during the period. BNP Paribas Financial Markets increased its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 168.0% in the third quarter. BNP Paribas Financial Markets now owns 314,312 shares of the company’s stock valued at $16,527,000 after buying an additional 197,012 shares in the last quarter. Crestwood Advisors Group LLC increased its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 41.6% in the third quarter. Crestwood Advisors Group LLC now owns 287,881 shares of the company’s stock valued at $15,137,000 after buying an additional 84,561 shares in the last quarter. Trivant Custom Portfolio Group LLC increased its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 93.5% in the third quarter. Trivant Custom Portfolio Group LLC now owns 160,181 shares of the company’s stock valued at $8,422,000 after buying an additional 77,404 shares in the last quarter. Finally, ST Germain D J Co. Inc. increased its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 19.1% in the fourth quarter. ST Germain D J Co. Inc. now owns 276,403 shares of the company’s stock valued at $13,898,000 after buying an additional 44,368 shares in the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Up 0.1 %

USIG opened at $50.27 on Friday. iShares Broad USD Investment Grade Corporate Bond ETF has a fifty-two week low of $49.08 and a fifty-two week high of $52.94. The company has a fifty day moving average of $50.72 and a two-hundred day moving average of $51.30.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.1994 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19. This represents a $2.39 dividend on an annualized basis and a yield of 4.76%.

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.