One Capital Management LLC Cuts Stock Holdings in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

One Capital Management LLC reduced its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 22.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 257,642 shares of the company’s stock after selling 73,117 shares during the period. One Capital Management LLC owned approximately 0.11% of iShares Broad USD Investment Grade Corporate Bond ETF worth $12,954,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc grew its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 50.7% in the fourth quarter. AdvisorNet Financial Inc now owns 618 shares of the company’s stock valued at $31,000 after purchasing an additional 208 shares during the last quarter. Sunbelt Securities Inc. boosted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 179.4% during the third quarter. Sunbelt Securities Inc. now owns 1,288 shares of the company’s stock worth $68,000 after acquiring an additional 827 shares during the last quarter. Richardson Financial Services Inc. boosted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 29.0% during the fourth quarter. Richardson Financial Services Inc. now owns 1,778 shares of the company’s stock worth $90,000 after acquiring an additional 400 shares during the last quarter. Quent Capital LLC boosted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 571.1% during the fourth quarter. Quent Capital LLC now owns 1,926 shares of the company’s stock worth $97,000 after acquiring an additional 1,639 shares during the last quarter. Finally, Independence Bank of Kentucky boosted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 223.2% during the fourth quarter. Independence Bank of Kentucky now owns 2,427 shares of the company’s stock worth $122,000 after acquiring an additional 1,676 shares during the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Trading Down 0.3 %

Shares of USIG opened at $51.08 on Thursday. The company’s fifty day moving average is $50.52 and its two-hundred day moving average is $51.24. iShares Broad USD Investment Grade Corporate Bond ETF has a fifty-two week low of $49.08 and a fifty-two week high of $52.94.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be issued a $0.196 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This is a positive change from iShares Broad USD Investment Grade Corporate Bond ETF’s previous dividend of $0.19.

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.