iShares Broad USD Investment Grade Corporate Bond ETF $USIG Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its position in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 3.3% during the third quarter, Holdings Channel reports. The institutional investor owned 1,422,206 shares of the company’s stock after buying an additional 45,662 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $74,268,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Thompson Investment Management Inc. acquired a new position in iShares Broad USD Investment Grade Corporate Bond ETF during the third quarter worth about $38,000. CoreCap Advisors LLC boosted its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 206.2% during the 3rd quarter. CoreCap Advisors LLC now owns 741 shares of the company’s stock valued at $39,000 after purchasing an additional 499 shares in the last quarter. Trust Co. of Vermont grew its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 184.7% in the 3rd quarter. Trust Co. of Vermont now owns 874 shares of the company’s stock worth $46,000 after purchasing an additional 567 shares during the last quarter. Pinnacle Bancorp Inc. bought a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 3rd quarter worth approximately $66,000. Finally, First Horizon Advisors Inc. raised its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 149.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,392 shares of the company’s stock worth $72,000 after purchasing an additional 834 shares in the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

Shares of NASDAQ:USIG opened at $52.34 on Wednesday. iShares Broad USD Investment Grade Corporate Bond ETF has a 1-year low of $49.10 and a 1-year high of $52.72. The company has a 50 day moving average price of $51.96 and a 200 day moving average price of $52.01.

iShares Broad USD Investment Grade Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.194 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.4%.

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.