Fifth Third Securities Inc. Purchases 19,382 Shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Fifth Third Securities Inc. raised its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 144.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,763 shares of the company’s stock after purchasing an additional 19,382 shares during the quarter. Fifth Third Securities Inc.’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $1,647,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of USIG. AdvisorNet Financial Inc raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 50.7% during the 4th quarter. AdvisorNet Financial Inc now owns 618 shares of the company’s stock valued at $31,000 after purchasing an additional 208 shares during the period. Captrust Financial Advisors raised its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 5.9% during the third quarter. Captrust Financial Advisors now owns 4,243 shares of the company’s stock valued at $223,000 after buying an additional 235 shares during the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 4.9% in the third quarter. Arkadios Wealth Advisors now owns 11,331 shares of the company’s stock worth $596,000 after buying an additional 525 shares in the last quarter. Valeo Financial Advisors LLC boosted its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 2.5% during the third quarter. Valeo Financial Advisors LLC now owns 30,789 shares of the company’s stock worth $1,619,000 after acquiring an additional 762 shares during the last quarter. Finally, Sunbelt Securities Inc. grew its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 179.4% during the third quarter. Sunbelt Securities Inc. now owns 1,288 shares of the company’s stock valued at $68,000 after acquiring an additional 827 shares in the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Trading Down 0.2 %

Shares of NASDAQ USIG opened at $50.58 on Friday. iShares Broad USD Investment Grade Corporate Bond ETF has a 52-week low of $49.08 and a 52-week high of $52.94. The firm’s fifty day moving average is $50.64 and its two-hundred day moving average is $51.29.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.1994 dividend. This represents a $2.39 annualized dividend and a dividend yield of 4.73%. This is a boost from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Wednesday, December 18th.

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.