ST Germain D J Co. Inc. Increases Position in iShares Broad USD Investment Grade Corporate Bond ETF $USIG

ST Germain D J Co. Inc. lifted its holdings in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 3.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 398,582 shares of the company’s stock after buying an additional 13,082 shares during the quarter. ST Germain D J Co. Inc. owned approximately 0.14% of iShares Broad USD Investment Grade Corporate Bond ETF worth $20,814,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Farmers & Merchants Investments Inc. bought a new position in iShares Broad USD Investment Grade Corporate Bond ETF in the 2nd quarter valued at $31,000. SOA Wealth Advisors LLC. bought a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the second quarter worth about $51,000. AdvisorNet Financial Inc increased its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 30.6% in the 2nd quarter. AdvisorNet Financial Inc now owns 1,173 shares of the company’s stock worth $60,000 after buying an additional 275 shares during the period. First Horizon Advisors Inc. lifted its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 149.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,392 shares of the company’s stock valued at $72,000 after buying an additional 834 shares in the last quarter. Finally, Richardson Financial Services Inc. boosted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 16.9% in the 2nd quarter. Richardson Financial Services Inc. now owns 2,262 shares of the company’s stock valued at $116,000 after buying an additional 327 shares during the period.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Up 0.2%

Shares of NASDAQ:USIG opened at $51.90 on Wednesday. The firm’s 50 day simple moving average is $52.13 and its 200-day simple moving average is $51.69. iShares Broad USD Investment Grade Corporate Bond ETF has a one year low of $49.10 and a one year 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 Thursday, December 4th. Shareholders of record on Monday, December 1st were issued a dividend of $0.2018 per share. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date was Monday, December 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.