Private Trust Co. NA Sells 5,274 Shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Private Trust Co. NA trimmed its stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 53.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,620 shares of the company’s stock after selling 5,274 shares during the period. Private Trust Co. NA’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $232,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. AdvisorNet Financial Inc raised its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 50.7% during the fourth quarter. AdvisorNet Financial Inc now owns 618 shares of the company’s stock valued at $31,000 after acquiring an additional 208 shares in the last quarter. Sunbelt Securities Inc. raised its position in iShares Broad USD Investment Grade Corporate Bond ETF by 179.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,288 shares of the company’s stock valued at $68,000 after purchasing an additional 827 shares in the last quarter. Richardson Financial Services Inc. raised its position in iShares Broad USD Investment Grade Corporate Bond ETF by 29.0% during the 4th quarter. Richardson Financial Services Inc. now owns 1,778 shares of the company’s stock valued at $90,000 after purchasing an additional 400 shares in the last quarter. Quent Capital LLC lifted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 571.1% in the 4th quarter. Quent Capital LLC now owns 1,926 shares of the company’s stock worth $97,000 after buying an additional 1,639 shares during the period. Finally, Independence Bank of Kentucky grew its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 223.2% during the 4th quarter. Independence Bank of Kentucky now owns 2,427 shares of the company’s stock worth $122,000 after buying an additional 1,676 shares in the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

USIG stock opened at $51.33 on Tuesday. iShares Broad USD Investment Grade Corporate Bond ETF has a 1-year low of $49.08 and a 1-year high of $52.94. The business has a 50-day moving average price of $50.48 and a 200 day moving average price of $51.24.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be issued a $0.196 dividend. The ex-dividend date 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.