iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) Increases Dividend to $0.21 Per Share

iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) declared a monthly dividend on Wednesday, September 30th. Investors of record on Thursday, October 1st will be paid a dividend of $0.2062 per share on Tuesday, October 6th. This represents a $2.47 annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Thursday, October 1st. This is a 1.0% increase from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.2041.

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 $48.71 on Thursday. The business’s fifty day moving average price is $49.98 and its 200 day moving average price is $50.71. iShares Broad USD Investment Grade Corporate Bond ETF has a twelve month low of $48.65 and a twelve month high of $52.72.

Institutional Trading of iShares Broad USD Investment Grade Corporate Bond ETF

A number of institutional investors have recently modified their holdings of USIG. TIAA Trust National Association raised its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 4.1% in the fourth quarter. TIAA Trust National Association now owns 25,593,092 shares of the company’s stock valued at $1,327,404,000 after buying an additional 1,002,085 shares during the period. Bank of New York Mellon Corp raised its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 7.9% in the 4th quarter. Bank of New York Mellon Corp now owns 1,568,962 shares of the company’s stock valued at $81,225,000 after acquiring an additional 115,328 shares during the period. Blue Edge Capital LLC purchased a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 2nd quarter valued at $21,857,000. Strategic Investment Advisors MI lifted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 82.5% during the 1st quarter. Strategic Investment Advisors MI now owns 426,907 shares of the company’s stock valued at $21,856,000 after acquiring an additional 192,960 shares in the last quarter. Finally, Financial Avengers Inc. boosted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 12.5% during the 1st quarter. Financial Avengers Inc. now owns 101,248 shares of the company’s stock worth $5,187,000 after purchasing an additional 11,229 shares during the period.

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.