Greenleaf Trust Sells 4,556 Shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Greenleaf Trust lessened its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 45.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,514 shares of the company’s stock after selling 4,556 shares during the quarter. Greenleaf Trust’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $283,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. NBC Securities Inc. acquired a new stake in iShares Broad USD Investment Grade Corporate Bond ETF during the 3rd quarter worth $33,000. Headinvest LLC bought a new stake in iShares Broad USD Investment Grade Corporate Bond ETF in the third quarter valued at about $44,000. Creative Financial Designs Inc. ADV increased its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 30.5% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,375 shares of the company’s stock valued at $70,000 after purchasing an additional 321 shares during the last quarter. Private Trust Co. NA lifted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 19.9% in the third quarter. Private Trust Co. NA now owns 2,713 shares of the company’s stock valued at $130,000 after buying an additional 450 shares during the period. Finally, Harbor Capital Advisors Inc. bought a new position in iShares Broad USD Investment Grade Corporate Bond ETF during the third quarter worth about $172,000.

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

Shares of USIG stock opened at $49.39 on Thursday. The stock has a 50-day moving average of $50.21 and a 200-day moving average of $49.82. iShares Broad USD Investment Grade Corporate Bond ETF has a one year low of $46.70 and a one year high of $51.50.

iShares Broad USD Investment Grade Corporate Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a $0.1853 dividend. This represents a $2.22 annualized dividend and a yield of 4.50%. The ex-dividend date was Monday, April 1st.

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.