BNP Paribas Financial Markets Grows Stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

BNP Paribas Financial Markets boosted its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 168.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 314,312 shares of the company’s stock after purchasing an additional 197,012 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.13% of iShares Broad USD Investment Grade Corporate Bond ETF worth $16,527,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of USIG. Independence Bank of Kentucky purchased a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 2nd quarter worth about $34,000. Lynx Investment Advisory purchased a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the second quarter valued at about $140,000. Edmonds Duncan Registered Investment Advisors LLC acquired a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the second quarter valued at approximately $228,000. Sonata Capital Group Inc. purchased a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $248,000. Finally, Farther Finance Advisors LLC raised its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 83.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 6,806 shares of the company’s stock worth $358,000 after purchasing an additional 3,090 shares during the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Trading Up 0.5 %

Shares of NASDAQ:USIG opened at $51.65 on Friday. The business’s fifty day moving average price is $51.53 and its two-hundred day moving average price is $51.23. iShares Broad USD Investment Grade Corporate Bond ETF has a one year low of $49.08 and a one year high of $52.94.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.1913 per share. The ex-dividend date was Friday, November 1st. This represents a $2.30 dividend on an annualized basis and a dividend yield of 4.45%. This is a positive change from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly 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.