Runnymede Capital Advisors Inc. Takes Position in iShares Broad USD Investment Grade Corporate Bond ETF $USIG

Runnymede Capital Advisors Inc. purchased a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 175,018 shares of the company’s stock, valued at approximately $9,061,000. iShares Broad USD Investment Grade Corporate Bond ETF makes up about 5.2% of Runnymede Capital Advisors Inc.’s investment portfolio, making the stock its 4th biggest position.

A number of other hedge funds have also recently made changes to their positions in USIG. YANKCOM Partnership acquired a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the fourth quarter valued at about $32,000. Thompson Investment Management Inc. acquired a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the third quarter valued at about $38,000. CoreCap Advisors LLC boosted its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 206.2% during the third 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 raised its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 184.7% during the third quarter. Trust Co. of Vermont now owns 874 shares of the company’s stock worth $46,000 after acquiring an additional 567 shares during the last quarter. Finally, Pinnacle Bancorp Inc. bought a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the third quarter worth about $66,000.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

Shares of USIG opened at $51.38 on Thursday. 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 business has a 50-day moving average of $51.66 and a 200-day moving average of $51.92.

iShares Broad USD Investment Grade Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were given a dividend of $0.1991 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Wednesday, April 1st.

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.