Valeo Financial Advisors LLC Sells 25,024 Shares of iShares Broad USD Investment Grade Corporate Bond ETF $USIG

Valeo Financial Advisors LLC lessened its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 71.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 10,130 shares of the company’s stock after selling 25,024 shares during the period. Valeo Financial Advisors LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $524,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. TIAA Trust National Association grew its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 6.1% during the third quarter. TIAA Trust National Association now owns 24,591,007 shares of the company’s stock worth $1,284,142,000 after buying an additional 1,413,057 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 15.3% during the third quarter. Ameriprise Financial Inc. now owns 11,508,464 shares of the company’s stock worth $579,811,000 after buying an additional 1,530,288 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 3.3% during the third quarter. JPMorgan Chase & Co. now owns 1,422,206 shares of the company’s stock worth $74,268,000 after buying an additional 45,662 shares during the last quarter. Crestwood Advisors Group LLC grew its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 21.0% during the fourth quarter. Crestwood Advisors Group LLC now owns 650,115 shares of the company’s stock worth $33,656,000 after buying an additional 112,916 shares during the last quarter. Finally, Captrust Financial Advisors grew its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 5.4% during the third quarter. Captrust Financial Advisors now owns 567,956 shares of the company’s stock worth $29,659,000 after buying an additional 28,869 shares during the last quarter.

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

NASDAQ USIG opened at $51.09 on Thursday. The firm’s fifty day moving average price is $51.32 and its two-hundred day moving average price is $51.77. iShares Broad USD Investment Grade Corporate Bond ETF has a fifty-two week low of $49.89 and a fifty-two week high of $52.72.

iShares Broad USD Investment Grade Corporate Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a dividend of $0.2042 per share. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Friday, May 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.