iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) Sees Large Volume Increase

iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) shares saw strong trading volume on Tuesday . Approximately 2,667,546 shares traded hands during trading, an increase of 122% from the previous session’s volume of 1,201,119 shares.The stock last traded at $50.52 and had previously closed at $50.55.

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

The business has a fifty day moving average price of $50.56 and a 200 day moving average price of $49.61.

iShares Broad USD Investment Grade Corporate Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 7th. Shareholders of record on Monday, March 4th were paid a dividend of $0.184 per share. The ex-dividend date was Friday, March 1st. This represents a $2.21 annualized dividend and a yield of 4.35%.

Hedge Funds Weigh In On iShares Broad USD Investment Grade Corporate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Captrust Financial Advisors lifted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 4.0% during the 3rd quarter. Captrust Financial Advisors now owns 5,958 shares of the company’s stock worth $286,000 after acquiring an additional 228 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 30.5% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,375 shares of the company’s stock valued at $70,000 after purchasing an additional 321 shares during the period. Clearbridge Investments LLC grew its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 3.7% during the 4th quarter. Clearbridge Investments LLC now owns 10,389 shares of the company’s stock valued at $533,000 after purchasing an additional 372 shares in the last quarter. Arkadios Wealth Advisors increased its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 6.6% during the 4th quarter. Arkadios Wealth Advisors now owns 6,158 shares of the company’s stock worth $316,000 after buying an additional 382 shares during the period. Finally, Private Trust Co. NA lifted its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 19.9% in the 3rd quarter. Private Trust Co. NA now owns 2,713 shares of the company’s stock worth $130,000 after buying an additional 450 shares in the last quarter.

About iShares Broad USD Investment Grade Corporate Bond ETF

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.