Flow Traders U.S. LLC Sells 67,081 Shares of iShares Broad USD Investment Grade Corporate Bond ETF $USIG

Flow Traders U.S. LLC lessened its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 81.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,458 shares of the company’s stock after selling 67,081 shares during the quarter. Flow Traders U.S. LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $795,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Baird Financial Group Inc. boosted its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 4.3% in the second quarter. Baird Financial Group Inc. now owns 111,805 shares of the company’s stock valued at $5,751,000 after acquiring an additional 4,598 shares during the period. EverSource Wealth Advisors LLC lifted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 11.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 41,167 shares of the company’s stock worth $2,118,000 after purchasing an additional 4,091 shares in the last quarter. Fisher Asset Management LLC lifted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 57.9% in the 2nd quarter. Fisher Asset Management LLC now owns 34,845 shares of the company’s stock worth $1,792,000 after purchasing an additional 12,783 shares in the last quarter. Financial Avengers Inc. boosted its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 17.7% in the 2nd quarter. Financial Avengers Inc. now owns 64,262 shares of the company’s stock valued at $3,306,000 after purchasing an additional 9,642 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 2.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,376,544 shares of the company’s stock valued at $70,810,000 after purchasing an additional 34,085 shares in the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Down 0.1%

iShares Broad USD Investment Grade Corporate Bond ETF stock opened at $51.81 on Wednesday. iShares Broad USD Investment Grade Corporate Bond ETF has a fifty-two week low of $49.10 and a fifty-two week high of $52.72. The firm’s fifty day moving average price is $52.16 and its 200-day moving average price is $51.64.

iShares Broad USD Investment Grade Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, December 1st were issued a $0.2018 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.7%.

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.