Private Trust Co. NA Buys 7,883 Shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Private Trust Co. NA grew its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 392.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 9,894 shares of the company’s stock after acquiring an additional 7,883 shares during the period. Private Trust Co. NA’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $520,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of USIG. Bartlett & CO. Wealth Management LLC lifted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 22.4% in the third quarter. Bartlett & CO. Wealth Management LLC now owns 201,453 shares of the company’s stock valued at $10,592,000 after purchasing an additional 36,838 shares during the last quarter. Kingfisher Capital LLC lifted its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 2.4% during the 2nd quarter. Kingfisher Capital LLC now owns 19,855 shares of the company’s stock valued at $997,000 after buying an additional 474 shares during the last quarter. Crestwood Advisors Group LLC grew its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 17.3% during the 2nd quarter. Crestwood Advisors Group LLC now owns 203,320 shares of the company’s stock worth $10,209,000 after acquiring an additional 29,929 shares during the period. Arkadios Wealth Advisors increased its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 4.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 11,331 shares of the company’s stock worth $596,000 after acquiring an additional 525 shares during the last quarter. Finally, Comerica Bank increased its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 8.8% in the 1st quarter. Comerica Bank now owns 128,720 shares of the company’s stock worth $6,535,000 after acquiring an additional 10,398 shares during the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Up 0.3 %

NASDAQ USIG opened at $51.41 on Thursday. iShares Broad USD Investment Grade Corporate Bond ETF has a 52 week low of $49.08 and a 52 week high of $52.94. The firm’s 50-day simple moving average is $51.57 and its two-hundred day simple moving average is $51.21.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a $0.1913 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.30 annualized dividend and a dividend yield of 4.47%. This is a positive change from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19.

iShares Broad USD Investment Grade Corporate Bond ETF 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.