ST Germain D J Co. Inc. Buys 44,368 Shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

ST Germain D J Co. Inc. boosted its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 19.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 276,403 shares of the company’s stock after buying an additional 44,368 shares during the quarter. ST Germain D J Co. Inc.’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $13,898,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Sunbelt Securities Inc. lifted its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 179.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,288 shares of the company’s stock valued at $68,000 after buying an additional 827 shares in the last quarter. Captrust Financial Advisors increased its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 5.9% in the 3rd quarter. Captrust Financial Advisors now owns 4,243 shares of the company’s stock worth $223,000 after acquiring an additional 235 shares during the last quarter. Sonata Capital Group Inc. purchased a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $248,000. Farther Finance Advisors LLC boosted its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 83.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 6,806 shares of the company’s stock valued at $358,000 after acquiring an additional 3,090 shares during the last quarter. Finally, Private Trust Co. NA increased its position in iShares Broad USD Investment Grade Corporate Bond ETF by 392.0% in the third quarter. Private Trust Co. NA now owns 9,894 shares of the company’s stock worth $520,000 after purchasing an additional 7,883 shares during the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

iShares Broad USD Investment Grade Corporate Bond ETF stock traded down $0.20 during mid-day trading on Friday, reaching $49.81. 396,351 shares of the company’s stock traded hands, compared to its average volume of 1,200,886. iShares Broad USD Investment Grade Corporate Bond ETF has a 12-month low of $49.08 and a 12-month high of $52.94. The stock has a 50 day moving average of $50.84 and a two-hundred day moving average of $51.31.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.1994 dividend. This is an increase from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $2.39 dividend on an annualized basis and a dividend yield of 4.80%.

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.