Bartlett & CO. Wealth Management LLC Sells 119,099 Shares of iShares Broad USD Investment Grade Corporate Bond ETF $USIG

Bartlett & CO. Wealth Management LLC reduced its stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 43.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 157,250 shares of the company’s stock after selling 119,099 shares during the quarter. Bartlett & CO. Wealth Management LLC owned 0.05% of iShares Broad USD Investment Grade Corporate Bond ETF worth $8,212,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in USIG. Montecito Bank & Trust bought a new position in iShares Broad USD Investment Grade Corporate Bond ETF during the 3rd quarter worth about $774,000. ST Germain D J Co. Inc. boosted its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 3.4% during the third quarter. ST Germain D J Co. Inc. now owns 398,582 shares of the company’s stock worth $20,814,000 after buying an additional 13,082 shares during the period. Valeo Financial Advisors LLC boosted its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 9.9% during the second quarter. Valeo Financial Advisors LLC now owns 34,686 shares of the company’s stock worth $1,784,000 after buying an additional 3,119 shares during the period. Captrust Financial Advisors grew its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 2.6% during the second quarter. Captrust Financial Advisors now owns 539,087 shares of the company’s stock worth $27,731,000 after buying an additional 13,481 shares in the last quarter. Finally, Tolleson Wealth Management Inc. raised its position in iShares Broad USD Investment Grade Corporate Bond ETF by 18.5% in the 2nd quarter. Tolleson Wealth Management Inc. now owns 33,073 shares of the company’s stock valued at $1,701,000 after buying an additional 5,175 shares during the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

NASDAQ USIG opened at $51.72 on Friday. iShares Broad USD Investment Grade Corporate Bond ETF has a 52 week low of $49.10 and a 52 week high of $52.72. The stock’s 50 day moving average price is $52.12 and its two-hundred day moving average price is $51.70.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be issued a dividend of $0.2062 per share. The ex-dividend date is Friday, December 19th. This is a positive change from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a yield of 4.8%.

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.