iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) Sets New 52-Week High at $52.29

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 $52.29 and last traded at $52.18, with a volume of 56878 shares trading hands. The stock had previously closed at $52.19.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Down 0.0 %

The firm’s 50 day moving average is $50.96 and its two-hundred day moving average is $50.44.

iShares Broad USD Investment Grade Corporate Bond ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were given a dividend of $0.1921 per share. The ex-dividend date of this dividend was Thursday, August 1st.

Institutional Investors Weigh In On iShares Broad USD Investment Grade Corporate Bond ETF

Several large investors have recently modified their holdings of the company. TIAA Trust National Association raised its position in shares of 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 worth $237,353,000 after acquiring an additional 1,582,867 shares in the last quarter. Manning & Napier Advisors LLC bought a new position in iShares Broad USD Investment Grade Corporate Bond ETF during the second quarter worth $24,068,000. ST Germain D J Co. Inc. grew its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 29.7% in the second quarter. ST Germain D J Co. Inc. now owns 206,329 shares of the company’s stock worth $10,360,000 after purchasing an additional 47,187 shares during the period. Crestwood Advisors Group LLC increased its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 17.3% in the second quarter. Crestwood Advisors Group LLC now owns 203,320 shares of the company’s stock valued at $10,209,000 after purchasing an additional 29,929 shares in the last quarter. Finally, Waterloo Capital L.P. raised its holdings in shares of 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 valued at $9,548,000 after purchasing an additional 19,023 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.