Kingfisher Capital LLC Has $972,000 Stock Position in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Kingfisher Capital LLC cut its holdings in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 6.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,484 shares of the company’s stock after selling 1,371 shares during the period. Kingfisher Capital LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $972,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of USIG. TIAA Trust National Association raised its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 50.3% in the 2nd quarter. TIAA Trust National Association now owns 4,727,212 shares of the company’s stock valued at $237,353,000 after acquiring an additional 1,582,867 shares in the last quarter. Manning & Napier Advisors LLC acquired a new stake in iShares Broad USD Investment Grade Corporate Bond ETF during the second quarter worth about $24,068,000. BNP Paribas Financial Markets increased its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 168.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 314,312 shares of the company’s stock valued at $16,527,000 after buying an additional 197,012 shares during the period. Crestwood Advisors Group LLC raised its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 41.6% in the 3rd quarter. Crestwood Advisors Group LLC now owns 287,881 shares of the company’s stock valued at $15,137,000 after buying an additional 84,561 shares in the last quarter. Finally, ST Germain D J Co. Inc. lifted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 12.5% during the 3rd quarter. ST Germain D J Co. Inc. now owns 232,035 shares of the company’s stock worth $12,200,000 after acquiring an additional 25,706 shares during the period.

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

NASDAQ USIG opened at $51.41 on Friday. The firm’s 50 day simple moving average is $51.55 and its 200 day simple moving average is $51.21. iShares Broad USD Investment Grade Corporate Bond ETF has a 1 year low of $49.08 and a 1 year high of $52.94.

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 paid a $0.1913 dividend. This is a positive change from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19. The ex-dividend date was Friday, November 1st. This represents a $2.30 annualized dividend and a dividend yield of 4.47%.

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.