Flow Traders U.S. LLC Sells 67,081 Shares of iShares Broad USD Investment Grade Corporate Bond ETF $USIG

Flow Traders U.S. LLC decreased its stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 81.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,458 shares of the company’s stock after selling 67,081 shares during the period. Flow Traders U.S. LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $795,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in USIG. Azimuth Capital Investment Management LLC lifted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 6.3% during the 1st quarter. Azimuth Capital Investment Management LLC now owns 4,508 shares of the company’s stock worth $230,000 after acquiring an additional 268 shares during the last quarter. AdvisorNet Financial Inc raised its position in iShares Broad USD Investment Grade Corporate Bond ETF by 30.6% during the second quarter. AdvisorNet Financial Inc now owns 1,173 shares of the company’s stock valued at $60,000 after purchasing an additional 275 shares in the last quarter. Richardson Financial Services Inc. raised its position in iShares Broad USD Investment Grade Corporate Bond ETF by 16.9% during the second quarter. Richardson Financial Services Inc. now owns 2,262 shares of the company’s stock valued at $116,000 after purchasing an additional 327 shares in the last quarter. Arkadios Wealth Advisors lifted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 2.5% during the second quarter. Arkadios Wealth Advisors now owns 16,161 shares of the company’s stock worth $831,000 after purchasing an additional 390 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 0.7% in the 2nd quarter. Janney Montgomery Scott LLC now owns 60,295 shares of the company’s stock worth $3,102,000 after purchasing an additional 396 shares in the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Trading Down 0.1%

Shares of iShares Broad USD Investment Grade Corporate Bond ETF stock opened at $51.81 on Wednesday. iShares Broad USD Investment Grade Corporate Bond ETF has a 12 month low of $49.10 and a 12 month high of $52.72. The business’s 50-day moving average price is $52.16 and its 200-day moving average price is $51.64.

iShares Broad USD Investment Grade Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, December 1st were given a dividend of $0.2018 per share. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Monday, December 1st.

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.