ST Germain D J Co. Inc. Acquires 44,368 Shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

ST Germain D J Co. Inc. increased its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 19.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 276,403 shares of the company’s stock after purchasing an additional 44,368 shares during the quarter. ST Germain D J Co. Inc. owned 0.11% of iShares Broad USD Investment Grade Corporate Bond ETF worth $13,898,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Sunbelt Securities Inc. lifted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 179.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,288 shares of the company’s stock valued at $68,000 after acquiring an additional 827 shares during the period. Captrust Financial Advisors lifted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 5.9% during the third quarter. Captrust Financial Advisors now owns 4,243 shares of the company’s stock valued at $223,000 after purchasing an additional 235 shares during the period. Sonata Capital Group Inc. purchased a new stake in iShares Broad USD Investment Grade Corporate Bond ETF in the third quarter worth approximately $248,000. Farther Finance Advisors LLC grew its position in iShares Broad USD Investment Grade Corporate Bond ETF by 83.2% in 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 period. Finally, Private Trust Co. NA raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 392.0% during the 3rd quarter. Private Trust Co. NA now owns 9,894 shares of the company’s stock valued at $520,000 after buying an additional 7,883 shares during the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

Shares of NASDAQ USIG traded down $0.20 during midday trading on Friday, hitting $49.81. 396,351 shares of the stock traded hands, compared to its average volume of 1,200,886. iShares Broad USD Investment Grade Corporate Bond ETF has a one year low of $49.08 and a one year high of $52.94. The firm has a 50-day moving average of $50.84 and a two-hundred day moving average of $51.31.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.1994 per share. This is an increase from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19. This represents a $2.39 dividend on an annualized basis and a dividend yield of 4.80%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.