iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) Reaches New 52-Week High at $51.92

iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $51.92 and last traded at $51.90, with a volume of 357584 shares trading hands. The stock had previously closed at $51.79.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Up 0.2 %

The stock’s fifty day simple moving average is $50.91 and its 200 day simple moving average is $50.42.

iShares Broad USD Investment Grade Corporate Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were issued a $0.1921 dividend. The ex-dividend date was Thursday, August 1st.

Hedge Funds Weigh In On iShares Broad USD Investment Grade Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in USIG. Kingfisher Capital LLC grew its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 2.4% in the 2nd quarter. Kingfisher Capital LLC now owns 19,855 shares of the company’s stock valued at $997,000 after buying an additional 474 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 14.9% in the second quarter. EverSource Wealth Advisors LLC now owns 33,228 shares of the company’s stock valued at $1,702,000 after purchasing an additional 4,318 shares during the period. Waterloo Capital L.P. increased its position in iShares Broad USD Investment Grade Corporate Bond ETF by 11.1% during the second quarter. Waterloo Capital L.P. now owns 190,167 shares of the company’s stock worth $9,548,000 after purchasing an additional 19,023 shares during the last quarter. TIAA Trust National Association raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 50.3% during the second quarter. TIAA Trust National Association now owns 4,727,212 shares of the company’s stock worth $237,353,000 after purchasing an additional 1,582,867 shares during the period. Finally, Crestwood Advisors Group LLC raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 17.3% during the second 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 during the period.

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.