Captrust Financial Advisors Raises Position in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Captrust Financial Advisors increased its holdings in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 5.9% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,243 shares of the company’s stock after buying an additional 235 shares during the period. Captrust Financial Advisors’ holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $223,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in USIG. Independence Bank of Kentucky bought a new position in iShares Broad USD Investment Grade Corporate Bond ETF in the second quarter valued at $34,000. Sonata Capital Group Inc. bought a new position in iShares Broad USD Investment Grade Corporate Bond ETF in the third quarter valued at $248,000. Farther Finance Advisors LLC increased its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 83.2% in the third quarter. Farther Finance Advisors LLC now owns 6,806 shares of the company’s stock valued at $358,000 after acquiring an additional 3,090 shares during the last quarter. Private Trust Co. NA increased its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 392.0% in the third quarter. Private Trust Co. NA now owns 9,894 shares of the company’s stock valued at $520,000 after acquiring an additional 7,883 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 42.6% in the second quarter. Arkadios Wealth Advisors now owns 10,806 shares of the company’s stock valued at $543,000 after acquiring an additional 3,230 shares during the last quarter.

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

USIG opened at $50.97 on Monday. The business’s 50-day moving average price is $51.32 and its 200-day moving average price is $51.33. iShares Broad USD Investment Grade Corporate Bond ETF has a 12 month low of $49.08 and a 12 month high of $52.94.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were issued a $0.1943 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This is an increase from iShares Broad USD Investment Grade Corporate Bond ETF’s previous dividend of $0.19.

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.