Farther Finance Advisors LLC Has $228,000 Stock Holdings in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Farther Finance Advisors LLC cut its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 33.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,539 shares of the company’s stock after selling 2,267 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $228,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. AdvisorNet Financial Inc grew its position in iShares Broad USD Investment Grade Corporate Bond ETF by 50.7% during the fourth quarter. AdvisorNet Financial Inc now owns 618 shares of the company’s stock worth $31,000 after buying an additional 208 shares in the last quarter. Sunbelt Securities Inc. grew its position 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 worth $68,000 after buying an additional 827 shares in the last quarter. Richardson Financial Services Inc. grew its position in iShares Broad USD Investment Grade Corporate Bond ETF by 29.0% during the fourth quarter. Richardson Financial Services Inc. now owns 1,778 shares of the company’s stock worth $90,000 after buying an additional 400 shares in the last quarter. Quent Capital LLC grew its position in iShares Broad USD Investment Grade Corporate Bond ETF by 571.1% during the fourth quarter. Quent Capital LLC now owns 1,926 shares of the company’s stock worth $97,000 after buying an additional 1,639 shares in the last quarter. Finally, Independence Bank of Kentucky grew its position in iShares Broad USD Investment Grade Corporate Bond ETF by 223.2% during the fourth quarter. Independence Bank of Kentucky now owns 2,427 shares of the company’s stock worth $122,000 after buying an additional 1,676 shares in the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

USIG stock opened at $51.15 on Thursday. iShares Broad USD Investment Grade Corporate Bond ETF has a twelve month low of $49.08 and a twelve month high of $52.94. The business’s 50-day simple moving average is $50.65 and its 200 day simple moving average is $51.16.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.196 per share. This is an increase from iShares Broad USD Investment Grade Corporate Bond ETF’s previous dividend of $0.19. The ex-dividend date was Monday, March 3rd.

iShares Broad USD Investment Grade Corporate Bond ETF 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.