Bank of New York Mellon Corp lessened its stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG – Get Rating) by 0.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,269,517 shares of the company's stock after selling 9,395 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.94% of iShares Broad USD Investment Grade Corporate Bond ETF worth $61,000,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Baron Silver Stevens Financial Advisors LLC bought a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 3rd quarter worth approximately $3,985,000. Private Trust Co. NA raised its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 1,156.9% in the 3rd quarter. Private Trust Co. NA now owns 2,011 shares of the company's stock worth $97,000 after purchasing an additional 1,851 shares during the period. Baker Avenue Asset Management LP bought a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 3rd quarter worth approximately $230,000. Captrust Financial Advisors grew its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 4.0% in the 3rd quarter. Captrust Financial Advisors now owns 5,958 shares of the company's stock valued at $286,000 after buying an additional 228 shares in the last quarter. Finally, BNP Paribas Arbitrage SA purchased a new position in iShares Broad USD Investment Grade Corporate Bond ETF in the 1st quarter valued at approximately $619,000.
Get iShares Broad USD Investment Grade Corporate Bond ETF alerts:iShares Broad USD Investment Grade Corporate Bond ETF Trading Up 0.3 %
iShares Broad USD Investment Grade Corporate Bond ETF stock opened at $50.56 on Friday. iShares Broad USD Investment Grade Corporate Bond ETF has a 1-year low of $46.47 and a 1-year high of $55.26. The firm has a 50 day simple moving average of $50.22 and a 200 day simple moving average of $49.44.
iShares Broad USD Investment Grade Corporate Bond ETF Dividend Announcement
The firm also recently disclosed a monthly dividend, which was paid on Tuesday, March 7th. Investors of record on Thursday, March 2nd were paid a $0.154 dividend. The ex-dividend date was Wednesday, March 1st. This represents a $1.85 dividend on an annualized basis and a yield of 3.66%.
iShares Broad USD Investment Grade Corporate Bond ETF Profile
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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.
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