Crestwood Advisors Group LLC Boosts Stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Crestwood Advisors Group LLC boosted its stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 41.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 407,479 shares of the company’s stock after purchasing an additional 119,598 shares during the period. Crestwood Advisors Group LLC owned about 0.17% of iShares Broad USD Investment Grade Corporate Bond ETF worth $20,488,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors raised its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 4.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 11,331 shares of the company’s stock valued at $596,000 after buying an additional 525 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 83.2% in the third quarter. Farther Finance Advisors LLC now owns 6,806 shares of the company’s stock valued at $358,000 after purchasing an additional 3,090 shares during the period. United Advisor Group LLC purchased a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the third quarter valued at approximately $913,000. Sonata Capital Group Inc. purchased a new stake in iShares Broad USD Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $248,000. Finally, Leavell Investment Management Inc. acquired a new stake in iShares Broad USD Investment Grade Corporate Bond ETF during the 3rd quarter worth approximately $1,417,000.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

NASDAQ:USIG opened at $50.86 on Monday. iShares Broad USD Investment Grade Corporate Bond ETF has a 52 week low of $49.08 and a 52 week high of $52.94. The company has a fifty day simple moving average of $50.39 and a two-hundred day simple moving average of $51.25.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.1946 per share. This is a boost from iShares Broad USD Investment Grade Corporate Bond ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Monday, February 3rd.

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.