Lyell Wealth Management LP Sells 1,665 Shares of iShares Broad USD Investment Grade Corporate Bond ETF $USIG

Lyell Wealth Management LP decreased its holdings in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 17.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,150 shares of the company’s stock after selling 1,665 shares during the period. Lyell Wealth Management LP’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $419,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of USIG. Jones Financial Companies Lllp raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 5,876.8% in the first quarter. Jones Financial Companies Lllp now owns 321,791 shares of the company’s stock valued at $16,437,000 after buying an additional 316,407 shares during the period. Flow Traders U.S. LLC bought a new stake in iShares Broad USD Investment Grade Corporate Bond ETF in the first quarter valued at approximately $4,216,000. ST Germain D J Co. Inc. raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 13.6% in the second quarter. ST Germain D J Co. Inc. now owns 385,500 shares of the company’s stock valued at $19,830,000 after buying an additional 46,191 shares during the period. Crestwood Advisors Group LLC raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 7.2% in the first quarter. Crestwood Advisors Group LLC now owns 436,676 shares of the company’s stock valued at $22,305,000 after buying an additional 29,197 shares during the period. Finally, Bartlett & CO. Wealth Management LLC raised its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 11.4% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 276,349 shares of the company’s stock valued at $14,215,000 after buying an additional 28,389 shares during the period.

iShares Broad USD Investment Grade Corporate Bond ETF Trading Up 0.2%

Shares of NASDAQ USIG opened at $52.58 on Tuesday. iShares Broad USD Investment Grade Corporate Bond ETF has a 1-year low of $49.10 and a 1-year high of $52.58. The business’s 50 day moving average is $52.01 and its 200-day moving average is $51.17.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

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

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.