TIAA Trust National Association Purchases 543,960 Shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

TIAA Trust National Association grew its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 10.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,603,082 shares of the company’s stock after acquiring an additional 543,960 shares during the quarter. TIAA Trust National Association owned about 2.31% of iShares Broad USD Investment Grade Corporate Bond ETF worth $281,723,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 23.1% during the third quarter. JPMorgan Chase & Co. now owns 1,172,235 shares of the company’s stock worth $61,636,000 after acquiring an additional 219,971 shares during the period. AdvisorNet Financial Inc grew its holdings in shares of 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 purchasing an additional 208 shares in the last quarter. Captrust Financial Advisors lifted its position 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 worth $223,000 after buying an additional 235 shares during the last quarter. Financial Avengers Inc. grew its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 17.5% during the third quarter. Financial Avengers Inc. now owns 19,716 shares of the company’s stock valued at $1,037,000 after buying an additional 2,938 shares during the last quarter. Finally, Valeo Financial Advisors LLC raised its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 2.0% during the fourth quarter. Valeo Financial Advisors LLC now owns 31,416 shares of the company’s stock valued at $1,580,000 after acquiring an additional 627 shares during the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

Shares of iShares Broad USD Investment Grade Corporate Bond ETF stock opened at $50.89 on Tuesday. iShares Broad USD Investment Grade Corporate Bond ETF has a 12 month low of $49.08 and a 12 month high of $52.94. The business has a fifty day simple moving average of $50.72 and a two-hundred day simple moving average of $51.13.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.196 dividend. This is a boost 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 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.