Quent Capital LLC Acquires 1,639 Shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Quent Capital LLC boosted its holdings in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 571.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,926 shares of the company’s stock after acquiring an additional 1,639 shares during the quarter. Quent Capital LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $97,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Richardson Financial Services Inc. lifted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 29.0% in the 4th quarter. Richardson Financial Services Inc. now owns 1,778 shares of the company’s stock valued at $90,000 after acquiring an additional 400 shares in the last quarter. Independence Bank of Kentucky lifted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 223.2% in the 4th quarter. Independence Bank of Kentucky now owns 2,427 shares of the company’s stock valued at $122,000 after acquiring an additional 1,676 shares in the last quarter. Fifth Third Securities Inc. raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 144.8% during the 4th quarter. Fifth Third Securities Inc. now owns 32,763 shares of the company’s stock valued at $1,647,000 after buying an additional 19,382 shares during the last quarter. Bartlett & CO. Wealth Management LLC raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 9.8% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 221,230 shares of the company’s stock valued at $11,123,000 after buying an additional 19,777 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 34.9% during the 4th quarter. Arkadios Wealth Advisors now owns 15,280 shares of the company’s stock valued at $768,000 after buying an additional 3,949 shares during the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Trading Down 0.5 %

Shares of USIG opened at $50.25 on Thursday. The firm has a fifty day simple moving average of $50.52 and a two-hundred day simple moving average of $51.29. iShares Broad USD Investment Grade Corporate Bond ETF has a 1-year low of $49.08 and a 1-year high of $52.94.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.1946 per share. The ex-dividend date was Monday, February 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 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.