Private Trust Co. NA Sells 5,274 Shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Private Trust Co. NA reduced its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 53.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,620 shares of the company’s stock after selling 5,274 shares during the quarter. Private Trust Co. NA’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $232,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in USIG. AdvisorNet Financial Inc raised its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 50.7% in 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 raised its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 5.9% during the 3rd quarter. Captrust Financial Advisors now owns 4,243 shares of the company’s stock worth $223,000 after acquiring an additional 235 shares in the last quarter. Richardson Financial Services Inc. boosted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 29.0% in the fourth quarter. Richardson Financial Services Inc. now owns 1,778 shares of the company’s stock valued at $90,000 after acquiring an additional 400 shares in the last quarter. Valeo Financial Advisors LLC boosted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 2.0% in 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 in the last quarter. Finally, Sunbelt Securities Inc. boosted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 179.4% in the third quarter. Sunbelt Securities Inc. now owns 1,288 shares of the company’s stock valued at $68,000 after acquiring an additional 827 shares in the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Down 0.2 %

Shares of USIG stock opened at $51.33 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’s fifty day simple moving average is $50.48 and its 200-day simple moving average is $51.24.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be given a dividend of $0.196 per share. This is a positive change from iShares Broad USD Investment Grade Corporate Bond ETF’s previous dividend of $0.19. The ex-dividend date is Monday, March 3rd.

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.