Crestwood Advisors Group LLC Purchases 81,924 Shares of iShares Broad USD Investment Grade Corporate Bond ETF $USIG

Crestwood Advisors Group LLC increased its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 18.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 537,199 shares of the company’s stock after buying an additional 81,924 shares during the quarter. Crestwood Advisors Group LLC owned 0.18% of iShares Broad USD Investment Grade Corporate Bond ETF worth $28,053,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Private Trust Co. NA boosted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 126.2% during the 2nd quarter. Private Trust Co. NA now owns 4,821 shares of the company’s stock worth $248,000 after acquiring an additional 2,690 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 2.5% during the second quarter. Arkadios Wealth Advisors now owns 16,161 shares of the company’s stock worth $831,000 after purchasing an additional 390 shares during the last quarter. TIAA Trust National Association grew its position in iShares Broad USD Investment Grade Corporate Bond ETF by 317.1% in the second quarter. TIAA Trust National Association now owns 23,177,950 shares of the company’s stock valued at $1,189,420,000 after purchasing an additional 17,621,424 shares in the last quarter. First Horizon Advisors Inc. increased its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 149.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,392 shares of the company’s stock valued at $72,000 after buying an additional 834 shares during the last quarter. Finally, FDx Advisors Inc. acquired a new stake in iShares Broad USD Investment Grade Corporate Bond ETF in the 2nd quarter valued at $245,000.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

iShares Broad USD Investment Grade Corporate Bond ETF stock opened at $52.30 on Tuesday. The firm has a 50-day moving average of $51.91 and a 200-day moving average of $51.98. iShares Broad USD Investment Grade Corporate Bond ETF has a one year low of $49.10 and a one year high of $52.72.

iShares Broad USD Investment Grade Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.194 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.5%.

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.