iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) Stake Lessened by One Capital Management LLC

One Capital Management LLC cut its stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 22.1% in the 4th quarter, HoldingsChannel reports. The fund owned 257,642 shares of the company’s stock after selling 73,117 shares during the period. One Capital Management LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $12,954,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. AdvisorNet Financial Inc lifted its stake 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 valued at $31,000 after purchasing an additional 208 shares during the last quarter. Sunbelt Securities Inc. lifted its position in 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 buying an additional 827 shares in the last quarter. Richardson Financial Services Inc. lifted its position in 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 buying an additional 400 shares in the last quarter. Quent Capital LLC lifted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 571.1% in the 4th 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 lifted its position in 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 buying an additional 1,676 shares in the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

Shares of USIG opened at $51.08 on Thursday. The company’s fifty day moving average is $50.52 and its 200-day moving average is $51.24. 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 announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be paid a $0.196 dividend. The ex-dividend date of this dividend is Monday, March 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.