iShares Broad USD Investment Grade Corporate Bond ETF $USIG Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC grew its stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 1,582.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 66,482 shares of the company’s stock after acquiring an additional 62,531 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $3,442,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of USIG. Triumph Capital Management increased its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 2.0% during the 3rd quarter. Triumph Capital Management now owns 18,750 shares of the company’s stock worth $979,000 after purchasing an additional 360 shares during the last quarter. Creative Financial Designs Inc. ADV increased its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 21.9% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,253 shares of the company’s stock worth $118,000 after purchasing an additional 405 shares during the last quarter. Valeo Financial Advisors LLC increased its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 1.3% during the 3rd quarter. Valeo Financial Advisors LLC now owns 35,154 shares of the company’s stock worth $1,836,000 after purchasing an additional 468 shares during the last quarter. CoreCap Advisors LLC increased its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 206.2% during the 3rd quarter. CoreCap Advisors LLC now owns 741 shares of the company’s stock worth $39,000 after purchasing an additional 499 shares during the last quarter. Finally, Trust Co. of Vermont increased its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 184.7% during the 3rd quarter. Trust Co. of Vermont now owns 874 shares of the company’s stock worth $46,000 after purchasing an additional 567 shares during the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

Shares of NASDAQ:USIG opened at $51.65 on Friday. The business has a 50-day moving average price of $51.61 and a 200 day moving average price of $51.89. iShares Broad USD Investment Grade Corporate Bond ETF has a 12-month low of $49.89 and a 12-month high of $52.72.

iShares Broad USD Investment Grade Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were given a dividend of $0.1991 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Wednesday, April 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.