One Capital Management LLC Purchases 35,697 Shares of iShares Broad USD Investment Grade Corporate Bond ETF $USIG

One Capital Management LLC grew its position in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 541.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 42,287 shares of the company’s stock after purchasing an additional 35,697 shares during the quarter. One Capital Management LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $2,189,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Fisher Asset Management LLC lifted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 15.4% in the 4th quarter. Fisher Asset Management LLC now owns 16,075 shares of the company’s stock worth $832,000 after buying an additional 2,142 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 3.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 45,222 shares of the company’s stock worth $2,341,000 after buying an additional 1,449 shares during the period. Compass Financial Group Inc. lifted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 1.1% in the 4th quarter. Compass Financial Group Inc. now owns 44,982 shares of the company’s stock worth $2,329,000 after buying an additional 468 shares during the period. Crestwood Advisors Group LLC lifted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 21.0% in the 4th quarter. Crestwood Advisors Group LLC now owns 650,115 shares of the company’s stock worth $33,656,000 after buying an additional 112,916 shares during the period. Finally, ST Germain D J Co. Inc. lifted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 2.7% in the 4th quarter. ST Germain D J Co. Inc. now owns 409,399 shares of the company’s stock worth $21,195,000 after buying an additional 10,817 shares during the period.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

Shares of NASDAQ USIG opened at $51.16 on Wednesday. iShares Broad USD Investment Grade Corporate Bond ETF has a 1-year low of $50.38 and a 1-year high of $52.72. The business has a fifty day moving average price of $51.19 and a 200 day moving average price of $51.66.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

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

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.