Janney Montgomery Scott LLC Sells 4,970 Shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Janney Montgomery Scott LLC trimmed its position in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 9.4% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 47,983 shares of the company’s stock after selling 4,970 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $2,523,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in USIG. Bartlett & CO. Wealth Management LLC grew its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 22.4% in the third quarter. Bartlett & CO. Wealth Management LLC now owns 201,453 shares of the company’s stock worth $10,592,000 after purchasing an additional 36,838 shares during the period. Kingfisher Capital LLC raised its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 2.4% in the second quarter. Kingfisher Capital LLC now owns 19,855 shares of the company’s stock valued at $997,000 after acquiring an additional 474 shares in the last quarter. Crestwood Advisors Group LLC raised its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 17.3% in the second quarter. Crestwood Advisors Group LLC now owns 203,320 shares of the company’s stock worth $10,209,000 after purchasing an additional 29,929 shares in the last quarter. Arkadios Wealth Advisors grew its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 4.9% during the 3rd quarter. Arkadios Wealth Advisors now owns 11,331 shares of the company’s stock valued at $596,000 after purchasing an additional 525 shares during the last quarter. Finally, Comerica Bank lifted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 8.8% in the 1st quarter. Comerica Bank now owns 128,720 shares of the company’s stock valued at $6,535,000 after buying an additional 10,398 shares during the period.

iShares Broad USD Investment Grade Corporate Bond ETF Trading Down 0.2 %

Shares of NASDAQ USIG opened at $51.26 on Tuesday. The firm has a 50-day simple moving average of $51.94 and a 200-day simple moving average of $51.10. iShares Broad USD Investment Grade Corporate Bond ETF has a 52 week low of $47.84 and a 52 week high of $52.94.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.1913 per share. This is a boost from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19. This represents a $2.30 annualized dividend and a dividend yield of 4.48%. The ex-dividend date was Friday, November 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.