Fisher Asset Management LLC Cuts Stock Position in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Fisher Asset Management LLC trimmed its position in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 12.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 47,917 shares of the company’s stock after selling 7,045 shares during the quarter. Fisher Asset Management LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $2,456,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. NBC Securities Inc. acquired a new position in iShares Broad USD Investment Grade Corporate Bond ETF during the 3rd quarter valued at approximately $33,000. Headinvest LLC purchased a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the third quarter valued at $44,000. Creative Financial Designs Inc. ADV increased its position in shares of 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 valued at $70,000 after acquiring an additional 321 shares during the period. Arkadios Wealth Advisors raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 6.6% in the 4th quarter. Arkadios Wealth Advisors now owns 6,158 shares of the company’s stock worth $316,000 after acquiring an additional 382 shares during the last quarter. Finally, Cary Street Partners Investment Advisory LLC lifted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 58.6% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 7,370 shares of the company’s stock worth $354,000 after acquiring an additional 2,723 shares during the period.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

Shares of NASDAQ:USIG opened at $49.93 on Thursday. iShares Broad USD Investment Grade Corporate Bond ETF has a 52-week low of $46.70 and a 52-week high of $51.50. The business has a 50-day moving average price of $50.08 and a 200-day moving average price of $49.98.

iShares Broad USD Investment Grade Corporate Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were paid a dividend of $0.1855 per share. This represents a $2.23 annualized dividend and a yield of 4.46%. The ex-dividend date was Wednesday, May 1st.

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.