One Capital Management LLC Reduces Stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

One Capital Management LLC trimmed its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 30.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 219,531 shares of the company’s stock after selling 96,238 shares during the quarter. One Capital Management LLC owned approximately 0.10% of iShares Broad USD Investment Grade Corporate Bond ETF worth $11,023,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of USIG. TIAA Trust National Association grew its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 50.3% in the 2nd quarter. TIAA Trust National Association now owns 4,727,212 shares of the company’s stock valued at $237,353,000 after acquiring an additional 1,582,867 shares during the last quarter. Crestwood Advisors Group LLC increased its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 17.3% during the 2nd quarter. Crestwood Advisors Group LLC now owns 203,320 shares of the company’s stock worth $10,209,000 after purchasing an additional 29,929 shares in the last quarter. Summit Financial LLC raised its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 351.6% during the 2nd quarter. Summit Financial LLC now owns 31,885 shares of the company’s stock worth $1,601,000 after purchasing an additional 24,824 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 42.6% in the 2nd quarter. Arkadios Wealth Advisors now owns 10,806 shares of the company’s stock valued at $543,000 after buying an additional 3,230 shares in the last quarter. Finally, Independence Bank of Kentucky acquired a new stake in iShares Broad USD Investment Grade Corporate Bond ETF during the 2nd quarter valued at $34,000.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

NASDAQ USIG opened at $52.63 on Monday. iShares Broad USD Investment Grade Corporate Bond ETF has a fifty-two week low of $46.70 and a fifty-two week high of $52.69. The business has a fifty day moving average of $51.50 and a 200-day moving average of $50.64.

iShares Broad USD Investment Grade Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.1913 dividend. The ex-dividend date was Tuesday, September 3rd.

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.