Janney Montgomery Scott LLC Buys 396 Shares of iShares Broad USD Investment Grade Corporate Bond ETF $USIG

Janney Montgomery Scott LLC grew its stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 0.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,295 shares of the company’s stock after acquiring an additional 396 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $3,102,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Jones Financial Companies Lllp raised its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 5,876.8% during the first quarter. Jones Financial Companies Lllp now owns 321,791 shares of the company’s stock worth $16,437,000 after buying an additional 316,407 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the first quarter worth approximately $4,216,000. ST Germain D J Co. Inc. raised its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 13.6% during the second quarter. ST Germain D J Co. Inc. now owns 385,500 shares of the company’s stock worth $19,830,000 after buying an additional 46,191 shares during the last quarter. Crestwood Advisors Group LLC raised its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 7.2% during the first quarter. Crestwood Advisors Group LLC now owns 436,676 shares of the company’s stock worth $22,305,000 after buying an additional 29,197 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC raised its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 12.1% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 247,960 shares of the company’s stock worth $12,666,000 after buying an additional 26,730 shares during the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

USIG opened at $52.08 on Thursday. The firm has a 50 day simple moving average of $51.88 and a 200 day simple moving average of $51.09. iShares Broad USD Investment Grade Corporate Bond ETF has a fifty-two week low of $49.10 and a fifty-two week high of $52.58.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a dividend of $0.2045 per share. This is an increase from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Wednesday, October 1st.

About iShares Broad USD Investment Grade Corporate Bond ETF

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.