Valeo Financial Advisors LLC Boosts Stock Position in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Valeo Financial Advisors LLC increased its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,416 shares of the company’s stock after purchasing an additional 627 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $1,580,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc boosted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 50.7% in the 4th quarter. AdvisorNet Financial Inc now owns 618 shares of the company’s stock worth $31,000 after buying an additional 208 shares during the last quarter. Captrust Financial Advisors boosted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 5.9% in the 3rd quarter. Captrust Financial Advisors now owns 4,243 shares of the company’s stock worth $223,000 after buying an additional 235 shares during the last quarter. Richardson Financial Services Inc. boosted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 29.0% in the 4th quarter. Richardson Financial Services Inc. now owns 1,778 shares of the company’s stock worth $90,000 after buying an additional 400 shares during the last quarter. Arkadios Wealth Advisors boosted its stake in 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 worth $596,000 after buying an additional 525 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 179.4% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,288 shares of the company’s stock worth $68,000 after buying an additional 827 shares during the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

Shares of NASDAQ:USIG opened at $50.73 on Friday. The stock’s 50-day moving average price is $50.46 and its two-hundred day moving average price is $51.27. iShares Broad USD Investment Grade Corporate Bond ETF has a 12-month low of $49.08 and a 12-month high of $52.94.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.1946 dividend. This is a positive change 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.

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.