Farther Finance Advisors LLC Purchases 1,695 Shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Farther Finance Advisors LLC lifted its position in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 37.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,234 shares of the company’s stock after acquiring an additional 1,695 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $318,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in USIG. Ameriprise Financial Inc. increased its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 6.3% during the fourth quarter. Ameriprise Financial Inc. now owns 10,324,245 shares of the company’s stock valued at $523,491,000 after purchasing an additional 613,878 shares in the last quarter. TIAA Trust National Association increased its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 10.8% during the fourth quarter. TIAA Trust National Association now owns 5,603,082 shares of the company’s stock valued at $281,723,000 after acquiring an additional 543,960 shares in the last quarter. Crestwood Advisors Group LLC increased its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 41.5% during the fourth quarter. Crestwood Advisors Group LLC now owns 407,479 shares of the company’s stock valued at $20,488,000 after acquiring an additional 119,598 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 7.6% during the fourth quarter. JPMorgan Chase & Co. now owns 1,261,410 shares of the company’s stock valued at $63,424,000 after acquiring an additional 89,175 shares in the last quarter. Finally, ST Germain D J Co. Inc. increased its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 22.8% during the first quarter. ST Germain D J Co. Inc. now owns 339,309 shares of the company’s stock valued at $17,332,000 after acquiring an additional 62,906 shares in the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

Shares of USIG opened at $50.78 on Wednesday. The firm has a 50 day moving average of $50.41 and a 200 day moving average of $50.59. iShares Broad USD Investment Grade Corporate Bond ETF has a twelve month low of $49.10 and a twelve month high of $52.94.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were issued a $0.1973 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost from iShares Broad USD Investment Grade Corporate Bond ETF’s previous dividend of $0.19.

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.