Waterloo Capital L.P. Has $9.55 Million Position in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Waterloo Capital L.P. grew its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 11.1% during the second quarter, HoldingsChannel.com reports. The firm owned 190,167 shares of the company’s stock after purchasing an additional 19,023 shares during the period. iShares Broad USD Investment Grade Corporate Bond ETF makes up approximately 1.1% of Waterloo Capital L.P.’s portfolio, making the stock its 20th biggest holding. Waterloo Capital L.P.’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $9,548,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in USIG. Clearbridge Investments LLC boosted its position in shares of 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. Azimuth Capital Investment Management LLC boosted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 10.9% during the 4th quarter. Azimuth Capital Investment Management LLC now owns 4,865 shares of the company’s stock worth $249,000 after buying an additional 480 shares in the last quarter. Arden Trust Co grew its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 2.5% during the 2nd quarter. Arden Trust Co now owns 25,039 shares of the company’s stock worth $1,257,000 after buying an additional 604 shares during the period. Independence Bank of Kentucky bought a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 2nd quarter valued at $34,000. Finally, Versant Capital Management Inc bought a new stake in iShares Broad USD Investment Grade Corporate Bond ETF during the 1st quarter valued at $44,000.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Down 0.0 %

iShares Broad USD Investment Grade Corporate Bond ETF stock opened at $52.79 on Wednesday. The firm’s fifty day moving average price is $51.59 and its two-hundred day moving average price is $50.67. iShares Broad USD Investment Grade Corporate Bond ETF has a 1-year low of $46.70 and a 1-year high of $52.87.

iShares Broad USD Investment Grade Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.1913 dividend. The ex-dividend date of this dividend was Tuesday, September 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.