Kingfisher Capital LLC Has $972,000 Stock Position in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Kingfisher Capital LLC lowered its stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 6.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 18,484 shares of the company’s stock after selling 1,371 shares during the quarter. Kingfisher Capital LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $972,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of USIG. Arkadios Wealth Advisors raised its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 4.9% during the third quarter. Arkadios Wealth Advisors now owns 11,331 shares of the company’s stock worth $596,000 after purchasing an additional 525 shares during the period. Arden Trust Co raised its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 2.5% in the 2nd quarter. Arden Trust Co now owns 25,039 shares of the company’s stock worth $1,257,000 after acquiring an additional 604 shares during the last quarter. Independence Bank of Kentucky acquired a new position in iShares Broad USD Investment Grade Corporate Bond ETF during the 2nd quarter valued at about $34,000. Valeo Financial Advisors LLC increased its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 2.5% during the 3rd quarter. Valeo Financial Advisors LLC now owns 30,789 shares of the company’s stock worth $1,619,000 after purchasing an additional 762 shares in the last quarter. Finally, Compass Financial Group Inc. raised its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 4.2% in the third quarter. Compass Financial Group Inc. now owns 44,117 shares of the company’s stock worth $2,320,000 after purchasing an additional 1,765 shares during the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Trading Up 0.3 %

Shares of iShares Broad USD Investment Grade Corporate Bond ETF stock opened at $51.41 on Friday. The stock has a fifty day simple moving average of $51.55 and a 200 day simple moving average of $51.21. iShares Broad USD Investment Grade Corporate Bond ETF has a 12-month low of $49.08 and a 12-month high of $52.94.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.1913 dividend. This is a positive change from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.30 annualized dividend and a yield of 4.47%.

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.