American Trust Buys Shares of 4,017 iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

American Trust bought a new stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIGGet Rating) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 4,017 shares of the company’s stock, valued at approximately $221,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of USIG. First Command Bank acquired a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the first quarter worth about $58,000. Arrow Financial Corp purchased a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the first quarter worth approximately $70,000. Raleigh Capital Management Inc. purchased a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the first quarter worth approximately $86,000. Icon Wealth Partners LLC purchased a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the first quarter worth approximately $206,000. Finally, Noesis Capital Mangement Corp purchased a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the first quarter worth approximately $273,000.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

USIG stock opened at $49.85 on Tuesday. The company’s 50 day moving average price is $51.32 and its 200 day moving average price is $52.18. iShares Broad USD Investment Grade Corporate Bond ETF has a fifty-two week low of $49.59 and a fifty-two week high of $61.24.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, September 8th. Investors of record on Friday, September 2nd were issued a $0.134 dividend. This represents a $1.61 dividend on an annualized basis and a yield of 3.23%. This is an increase from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Thursday, September 1st.

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

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