iShares Broad USD Investment Grade Corporate Bond ETF $USIG is TIAA Trust National Association’s 7th Largest Position

TIAA Trust National Association lifted its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 4.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,593,092 shares of the company’s stock after buying an additional 1,002,085 shares during the quarter. iShares Broad USD Investment Grade Corporate Bond ETF makes up 3.2% of TIAA Trust National Association’s investment portfolio, making the stock its 7th largest position. TIAA Trust National Association owned about 7.99% of iShares Broad USD Investment Grade Corporate Bond ETF worth $1,327,404,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. YANKCOM Partnership purchased a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the fourth quarter worth about $32,000. American National Bank & Trust purchased a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the fourth quarter worth about $68,000. CoreCap Advisors LLC grew its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 164.2% during the fourth quarter. CoreCap Advisors LLC now owns 1,958 shares of the company’s stock worth $101,000 after buying an additional 1,217 shares in the last quarter. Creative Financial Designs Inc. ADV grew its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 21.9% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,253 shares of the company’s stock worth $118,000 after buying an additional 405 shares in the last quarter. Finally, Parallel Advisors LLC grew its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 64.5% during the third quarter. Parallel Advisors LLC now owns 3,450 shares of the company’s stock worth $180,000 after buying an additional 1,353 shares in the last quarter.

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

Shares of NASDAQ USIG opened at $50.84 on Tuesday. iShares Broad USD Investment Grade Corporate Bond ETF has a 12 month low of $50.40 and a 12 month high of $52.72. The company has a 50-day simple moving average of $51.20 and a 200-day simple moving average of $51.63.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a $0.2074 dividend. This is a boost from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Monday, June 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.