Greenleaf Trust Sells 4,556 Shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Greenleaf Trust lessened its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 45.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 5,514 shares of the company’s stock after selling 4,556 shares during the period. Greenleaf Trust’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $283,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in USIG. NBC Securities Inc. bought a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 3rd quarter worth $33,000. Headinvest LLC purchased a new position in iShares Broad USD Investment Grade Corporate Bond ETF during the third quarter worth about $44,000. Creative Financial Designs Inc. ADV grew its position in iShares Broad USD Investment Grade Corporate Bond ETF by 30.5% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,375 shares of the company’s stock worth $70,000 after purchasing an additional 321 shares in the last quarter. Private Trust Co. NA increased its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 19.9% in the 3rd quarter. Private Trust Co. NA now owns 2,713 shares of the company’s stock valued at $130,000 after buying an additional 450 shares during the last quarter. Finally, Harbor Capital Advisors Inc. bought a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $172,000.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

Shares of NASDAQ USIG opened at $49.39 on Thursday. The stock’s 50 day moving average price is $50.21 and its 200-day moving average price is $49.82. iShares Broad USD Investment Grade Corporate Bond ETF has a twelve month low of $46.70 and a twelve month high of $51.50.

iShares Broad USD Investment Grade Corporate Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.1853 per share. The ex-dividend date was Monday, April 1st. This represents a $2.22 dividend on an annualized basis and a yield of 4.50%.

iShares Broad USD Investment Grade Corporate Bond ETF Company 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.