Sonata Capital Group Inc. acquired a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NYSEARCA:USIG) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,810 shares of the company’s stock, valued at approximately $376,000.

Several other large investors also recently modified their holdings of the stock. Captrust Financial Advisors bought a new position in iShares Broad USD Investment Grade Corporate Bond ETF in the fourth quarter valued at $32,000. Mosaic Family Wealth LLC bought a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 4th quarter valued at about $267,000. Caprin Asset Management LLC ADV bought a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 1st quarter valued at about $385,000. Trust Department MB Financial Bank N A bought a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 1st quarter valued at about $992,000. Finally, Cahaba Wealth Management Inc. bought a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 1st quarter valued at about $1,364,000.

Shares of USIG traded up $0.19 during midday trading on Tuesday, reaching $55.07. The stock had a trading volume of 483,516 shares, compared to its average volume of 397,622. iShares Broad USD Investment Grade Corporate Bond ETF has a one year low of $52.28 and a one year high of $55.32.

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a $0.1702 dividend. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date was Monday, April 1st. This is an increase from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.17.

ILLEGAL ACTIVITY WARNING: This news story was originally posted by Watch List News and is the sole property of of Watch List News. If you are reading this news story on another publication, it was illegally stolen and republished in violation of international copyright & trademark legislation. The original version of this news story can be viewed at https://www.watchlistnews.com/sonata-capital-group-inc-invests-376000-in-ishares-broad-usd-investment-grade-corporate-bond-etf-usig/2982719.html.

Featured Article: How Do Front-End Loads Impact an Investment?

Institutional Ownership by Quarter for iShares Broad USD Investment Grade Corporate Bond ETF (NYSEARCA:USIG)

Receive News & Ratings for iShares Broad USD Investment Grade Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Broad USD Investment Grade Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.