Valeo Financial Advisors LLC Has $1.51 Million Position in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Valeo Financial Advisors LLC trimmed its stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 5.7% in the second quarter, HoldingsChannel reports. The firm owned 30,027 shares of the company’s stock after selling 1,829 shares during the period. Valeo Financial Advisors LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $1,508,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Azimuth Capital Investment Management LLC grew its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 10.9% in the fourth quarter. Azimuth Capital Investment Management LLC now owns 4,865 shares of the company’s stock valued at $249,000 after acquiring an additional 480 shares during the period. Trivant Custom Portfolio Group LLC lifted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 1.3% in the 4th quarter. Trivant Custom Portfolio Group LLC now owns 71,626 shares of the company’s stock worth $3,672,000 after purchasing an additional 903 shares in the last quarter. Crestwood Advisors Group LLC acquired a new stake in iShares Broad USD Investment Grade Corporate Bond ETF in the 4th quarter valued at $5,298,000. Penobscot Investment Management Company Inc. increased its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 34.8% during the 4th quarter. Penobscot Investment Management Company Inc. now owns 22,850 shares of the company’s stock valued at $1,171,000 after purchasing an additional 5,900 shares in the last quarter. Finally, Clearbridge Investments LLC raised its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 3.7% during the fourth quarter. Clearbridge Investments LLC now owns 10,389 shares of the company’s stock worth $533,000 after buying an additional 372 shares during the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Up 0.0 %

Shares of iShares Broad USD Investment Grade Corporate Bond ETF stock traded up $0.02 during trading hours on Thursday, reaching $51.10. The company’s stock had a trading volume of 779,140 shares, compared to its average volume of 1,078,923. The stock’s fifty day simple moving average is $50.62 and its two-hundred day simple moving average is $50.37. iShares Broad USD Investment Grade Corporate Bond ETF has a one year low of $46.70 and a one year high of $51.65.

iShares Broad USD Investment Grade Corporate Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were given a dividend of $0.1921 per share. The ex-dividend date was Thursday, August 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.