4,293 Shares in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) Purchased by Maripau Wealth Management LLC

Maripau Wealth Management LLC acquired a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,293 shares of the company’s stock, valued at approximately $216,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of USIG. AdvisorNet Financial Inc raised its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 50.7% during the 4th quarter. AdvisorNet Financial Inc now owns 618 shares of the company’s stock worth $31,000 after purchasing an additional 208 shares during the period. Sunbelt Securities Inc. increased its position in iShares Broad USD Investment Grade Corporate Bond ETF by 179.4% in the third 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 period. Richardson Financial Services Inc. increased its position in iShares Broad USD Investment Grade Corporate Bond ETF by 29.0% in the fourth 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 period. Quent Capital LLC increased its position in iShares Broad USD Investment Grade Corporate Bond ETF by 571.1% in the fourth 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 increased its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 223.2% in the 4th quarter. Independence Bank of Kentucky now owns 2,427 shares of the company’s stock worth $122,000 after acquiring an additional 1,676 shares during the period.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Up 0.4 %

USIG stock opened at $51.43 on Friday. iShares Broad USD Investment Grade Corporate Bond ETF has a fifty-two week low of $49.08 and a fifty-two week high of $52.94. The firm’s 50-day simple moving average is $50.46 and its 200 day simple moving average is $51.25.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.1946 dividend. The ex-dividend date was Monday, February 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.