Bartlett & CO. Wealth Management LLC Sells 26,565 Shares of iShares Broad USD Investment Grade Corporate Bond ETF $USIG

Bartlett & CO. Wealth Management LLC lowered its stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 19.3% in the 1st quarter, HoldingsChannel reports. The fund owned 111,343 shares of the company’s stock after selling 26,565 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $5,698,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Garton & Associates Financial Advisors LLC purchased a new stake in iShares Broad USD Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $26,000. YANKCOM Partnership bought a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 4th quarter valued at approximately $32,000. Creative Capital Management Investments LLC purchased a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 1st quarter worth approximately $34,000. Harbor Investment Advisory LLC boosted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 3,147.6% in the 1st quarter. Harbor Investment Advisory LLC now owns 682 shares of the company’s stock worth $35,000 after purchasing an additional 661 shares during the period. Finally, Strive Financial Group LLC bought a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the 4th quarter valued at approximately $52,000.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

NASDAQ USIG opened at $50.74 on Friday. The business’s 50 day moving average price is $51.04 and its 200-day moving average price is $51.45. iShares Broad USD Investment Grade Corporate Bond ETF has a fifty-two week low of $50.48 and a fifty-two week high of $52.72.

iShares Broad USD Investment Grade Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.2016 per share. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.