iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) Short Interest Down 63.1% in March

iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIGGet Free Report) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 281,600 shares, a decrease of 63.1% from the February 29th total of 764,100 shares. Based on an average daily trading volume, of 1,197,000 shares, the days-to-cover ratio is presently 0.2 days.

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

Shares of iShares Broad USD Investment Grade Corporate Bond ETF stock opened at $50.77 on Friday. iShares Broad USD Investment Grade Corporate Bond ETF has a 1-year low of $46.70 and a 1-year high of $51.50. The business’s fifty day moving average price is $50.56 and its two-hundred day moving average price is $49.62.

iShares Broad USD Investment Grade Corporate Bond ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, April 5th. Investors of record on Tuesday, April 2nd will be issued a $0.1853 dividend. The ex-dividend date is Monday, April 1st.

Hedge Funds Weigh In On iShares Broad USD Investment Grade Corporate Bond ETF

Several large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 2,420.7% in the first quarter. JPMorgan Chase & Co. now owns 12,553 shares of the company’s stock valued at $691,000 after acquiring an additional 12,055 shares in the last quarter. Baird Financial Group Inc. lifted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 2.0% in the first quarter. Baird Financial Group Inc. now owns 26,993 shares of the company’s stock worth $1,486,000 after purchasing an additional 542 shares during the period. Clearbridge Investments LLC boosted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 17.4% during the 1st quarter. Clearbridge Investments LLC now owns 82,856 shares of the company’s stock valued at $4,560,000 after purchasing an additional 12,290 shares in the last quarter. BNP Paribas Arbitrage SA acquired a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the 1st quarter valued at $619,000. Finally, Captrust Financial Advisors raised its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 25.3% in the 2nd quarter. Captrust Financial Advisors now owns 7,264 shares of the company’s stock worth $370,000 after buying an additional 1,465 shares in the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Company Profile

(Get Free Report)

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.

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