Quent Capital LLC Boosts Stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Quent Capital LLC lifted its stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 571.1% in the 4th quarter, HoldingsChannel reports. The firm owned 1,926 shares of the company’s stock after acquiring an additional 1,639 shares during the period. Quent Capital LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $97,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. AdvisorNet Financial Inc increased its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 50.7% in the 4th 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. Sunbelt Securities Inc. increased its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 179.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,288 shares of the company’s stock worth $68,000 after purchasing an additional 827 shares in the last quarter. Richardson Financial Services Inc. increased its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 29.0% in the 4th quarter. Richardson Financial Services Inc. now owns 1,778 shares of the company’s stock worth $90,000 after purchasing an additional 400 shares in the last quarter. Independence Bank of Kentucky increased its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 223.2% in the 4th quarter. Independence Bank of Kentucky now owns 2,427 shares of the company’s stock worth $122,000 after purchasing an additional 1,676 shares in the last quarter. Finally, Captrust Financial Advisors increased its stake in shares of 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 purchasing an additional 235 shares in the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

NASDAQ:USIG opened at $50.25 on Thursday. iShares Broad USD Investment Grade Corporate Bond ETF has a one year low of $49.08 and a one year high of $52.94. The business has a fifty day moving average price of $50.52 and a 200-day moving average price of $51.29.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.1946 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change 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.