Leavell Investment Management Inc. Reduces Holdings in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Leavell Investment Management Inc. trimmed its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 22.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,017 shares of the company’s stock after selling 5,938 shares during the quarter. Leavell Investment Management Inc.’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $1,057,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of USIG. Bartlett & CO. Wealth Management LLC boosted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 22.4% during the third quarter. Bartlett & CO. Wealth Management LLC now owns 201,453 shares of the company’s stock worth $10,592,000 after buying an additional 36,838 shares during the period. ST Germain D J Co. Inc. lifted its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 12.5% during the third quarter. ST Germain D J Co. Inc. now owns 232,035 shares of the company’s stock worth $12,200,000 after purchasing an additional 25,706 shares during the last quarter. Arkadios Wealth Advisors lifted its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 4.9% during the third quarter. Arkadios Wealth Advisors now owns 11,331 shares of the company’s stock worth $596,000 after purchasing an additional 525 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 83.2% during the third quarter. Farther Finance Advisors LLC now owns 6,806 shares of the company’s stock worth $358,000 after purchasing an additional 3,090 shares during the last quarter. Finally, United Advisor Group LLC bought a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the third quarter worth $913,000.

iShares Broad USD Investment Grade Corporate Bond ETF Trading Up 0.7 %

NASDAQ:USIG opened at $50.58 on Friday. iShares Broad USD Investment Grade Corporate Bond ETF has a twelve month low of $49.08 and a twelve month high of $52.94. The stock has a fifty day simple moving average of $50.49 and a 200-day simple moving average of $51.28.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

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