Sunbelt Securities Inc. Raises Stock Holdings in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Sunbelt Securities Inc. boosted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 179.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,288 shares of the company’s stock after purchasing an additional 827 shares during the quarter. Sunbelt Securities Inc.’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $68,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in USIG. Independence Bank of Kentucky bought a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the second quarter worth $34,000. Arkadios Wealth Advisors increased its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 42.6% in the 2nd quarter. Arkadios Wealth Advisors now owns 10,806 shares of the company’s stock worth $543,000 after purchasing an additional 3,230 shares during the last quarter. Summit Financial LLC raised its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 351.6% in the 2nd quarter. Summit Financial LLC now owns 31,885 shares of the company’s stock valued at $1,601,000 after purchasing an additional 24,824 shares in the last quarter. Crestwood Advisors Group LLC raised its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 17.3% during the 2nd quarter. Crestwood Advisors Group LLC now owns 203,320 shares of the company’s stock valued at $10,209,000 after acquiring an additional 29,929 shares in the last quarter. Finally, TIAA Trust National Association boosted its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 50.3% in the second quarter. TIAA Trust National Association now owns 4,727,212 shares of the company’s stock worth $237,353,000 after purchasing an additional 1,582,867 shares during the period.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

Shares of NASDAQ:USIG opened at $50.97 on Monday. The company’s fifty day moving average is $51.32 and its two-hundred day moving average is $51.33. iShares Broad USD Investment Grade Corporate Bond ETF has a 1-year low of $49.08 and a 1-year high of $52.94.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were issued a $0.1943 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This is a boost 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.