Bartlett & CO. Wealth Management LLC Cuts Stock Position in iShares Broad USD Investment Grade Corporate Bond ETF $USIG

Bartlett & CO. Wealth Management LLC cut its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 12.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 137,908 shares of the company’s stock after selling 19,342 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $7,139,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. TIAA Trust National Association increased its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 6.1% during the third quarter. TIAA Trust National Association now owns 24,591,007 shares of the company’s stock worth $1,284,142,000 after acquiring an additional 1,413,057 shares during the period. Ameriprise Financial Inc. increased its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 15.3% during the third quarter. Ameriprise Financial Inc. now owns 11,508,464 shares of the company’s stock worth $579,811,000 after acquiring an additional 1,530,288 shares during the period. JPMorgan Chase & Co. increased its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 3.3% during the third quarter. JPMorgan Chase & Co. now owns 1,422,206 shares of the company’s stock worth $74,268,000 after acquiring an additional 45,662 shares during the period. Captrust Financial Advisors increased its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 5.4% during the third quarter. Captrust Financial Advisors now owns 567,956 shares of the company’s stock worth $29,659,000 after acquiring an additional 28,869 shares during the period. Finally, Crestwood Advisors Group LLC increased its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 18.0% during the third quarter. Crestwood Advisors Group LLC now owns 537,199 shares of the company’s stock worth $28,053,000 after buying an additional 81,924 shares during the period.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

USIG stock opened at $51.31 on Friday. The company’s 50 day moving average price is $51.64 and its 200 day moving average price is $51.91. 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.

iShares Broad USD Investment Grade Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were paid a dividend of $0.1991 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Wednesday, April 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.