Fisher Asset Management LLC Has $1.46 Million Stock Holdings in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Fisher Asset Management LLC grew its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 38.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 28,954 shares of the company’s stock after purchasing an additional 8,065 shares during the period. Fisher Asset Management LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $1,456,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in USIG. JPMorgan Chase & Co. boosted its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 23.1% during the third quarter. JPMorgan Chase & Co. now owns 1,172,235 shares of the company’s stock valued at $61,636,000 after purchasing an additional 219,971 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 168.0% during the third quarter. BNP Paribas Financial Markets now owns 314,312 shares of the company’s stock valued at $16,527,000 after purchasing an additional 197,012 shares in the last quarter. Crestwood Advisors Group LLC boosted its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 41.5% during the fourth quarter. Crestwood Advisors Group LLC now owns 407,479 shares of the company’s stock valued at $20,488,000 after purchasing an additional 119,598 shares in the last quarter. ST Germain D J Co. Inc. boosted its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 19.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 276,403 shares of the company’s stock valued at $13,898,000 after purchasing an additional 44,368 shares in the last quarter. Finally, Leavell Investment Management Inc. acquired a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the third quarter valued at about $1,417,000.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

Shares of USIG stock opened at $51.08 on Thursday. The business’s 50-day moving average price is $50.52 and its 200-day moving average price is $51.24. 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 business also recently disclosed a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be paid a $0.196 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 is Monday, March 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.