Janney Montgomery Scott LLC Has $3.10 Million Position in iShares Broad USD Investment Grade Corporate Bond ETF $USIG

Janney Montgomery Scott LLC increased its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 0.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 60,295 shares of the company’s stock after acquiring an additional 396 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $3,102,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in USIG. Jones Financial Companies Lllp boosted its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 5,876.8% during the 1st quarter. Jones Financial Companies Lllp now owns 321,791 shares of the company’s stock valued at $16,437,000 after acquiring an additional 316,407 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in iShares Broad USD Investment Grade Corporate Bond ETF in the first quarter valued at about $4,216,000. ST Germain D J Co. Inc. boosted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 13.6% in the second quarter. ST Germain D J Co. Inc. now owns 385,500 shares of the company’s stock valued at $19,830,000 after buying an additional 46,191 shares in the last quarter. Crestwood Advisors Group LLC boosted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 7.2% in the first quarter. Crestwood Advisors Group LLC now owns 436,676 shares of the company’s stock valued at $22,305,000 after buying an additional 29,197 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC boosted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 12.1% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 247,960 shares of the company’s stock valued at $12,666,000 after buying an additional 26,730 shares in the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

NASDAQ:USIG opened at $52.08 on Thursday. iShares Broad USD Investment Grade Corporate Bond ETF has a 12 month low of $49.10 and a 12 month high of $52.58. The company’s 50-day moving average price is $51.88 and its two-hundred day moving average price is $51.09.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given a $0.2045 dividend. This represents a c) dividend on an annualized basis and a yield of 4.7%. This is a boost from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. The ex-dividend date was Wednesday, October 1st.

About iShares Broad USD Investment Grade Corporate Bond ETF

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.