Financial Avengers Inc. Increases Stock Holdings in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Financial Avengers Inc. increased its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 17.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 19,716 shares of the company’s stock after acquiring an additional 2,938 shares during the period. iShares Broad USD Investment Grade Corporate Bond ETF accounts for about 0.5% of Financial Avengers Inc.’s holdings, making the stock its 23rd biggest holding. Financial Avengers Inc.’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $1,037,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Independence Bank of Kentucky acquired a new position in iShares Broad USD Investment Grade Corporate Bond ETF in the 2nd quarter valued at $34,000. Captrust Financial Advisors raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 5.9% in the 3rd quarter. Captrust Financial Advisors now owns 4,243 shares of the company’s stock valued at $223,000 after purchasing an additional 235 shares during the last quarter. Sonata Capital Group Inc. acquired a new position in iShares Broad USD Investment Grade Corporate Bond ETF in the 3rd quarter valued at $248,000. Farther Finance Advisors LLC raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 83.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,806 shares of the company’s stock valued at $358,000 after purchasing an additional 3,090 shares during the last quarter. Finally, Private Trust Co. NA raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 392.0% in the 3rd quarter. Private Trust Co. NA now owns 9,894 shares of the company’s stock valued at $520,000 after purchasing an additional 7,883 shares during the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Down 0.1 %

Shares of USIG opened at $51.51 on Wednesday. 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 stock has a fifty day simple moving average of $51.40 and a two-hundred day simple moving average of $51.30.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were paid a $0.1943 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This is an increase from iShares Broad USD Investment Grade Corporate Bond ETF’s previous dividend of $0.19.

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.