One Capital Management LLC Acquires 35,697 Shares of iShares Broad USD Investment Grade Corporate Bond ETF $USIG

One Capital Management LLC boosted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 541.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 42,287 shares of the company’s stock after purchasing an additional 35,697 shares during the quarter. One Capital Management LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $2,189,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. YANKCOM Partnership bought a new stake in iShares Broad USD Investment Grade Corporate Bond ETF during the 4th quarter valued at approximately $32,000. American National Bank & Trust bought a new stake in iShares Broad USD Investment Grade Corporate Bond ETF during the 4th quarter valued at approximately $68,000. CoreCap Advisors LLC raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 164.2% during the 4th quarter. CoreCap Advisors LLC now owns 1,958 shares of the company’s stock valued at $101,000 after purchasing an additional 1,217 shares during the period. Creative Financial Designs Inc. ADV raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 21.9% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,253 shares of the company’s stock valued at $118,000 after purchasing an additional 405 shares during the period. Finally, Parallel Advisors LLC raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 64.5% during the 3rd quarter. Parallel Advisors LLC now owns 3,450 shares of the company’s stock valued at $180,000 after purchasing an additional 1,353 shares during the period.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

NASDAQ USIG opened at $51.16 on Wednesday. The business has a 50 day simple moving average of $51.19 and a two-hundred day simple moving average of $51.66. iShares Broad USD Investment Grade Corporate Bond ETF has a 1-year low of $50.38 and a 1-year high of $52.72.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Monday, June 1st will be issued a dividend of $0.2074 per share. The ex-dividend date is Monday, June 1st. This represents a c) annualized dividend and a yield of 4.9%. This is a boost from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20.

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.