Arrow Financial Corp bought a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG – Get Rating) during the first quarter, HoldingsChannel reports. The institutional investor bought 1,264 shares of the company's stock, valued at approximately $70,000.
A number of other institutional investors have also modified their holdings of USIG. Baystate Wealth Management LLC increased its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 263.4% in the fourth quarter. Baystate Wealth Management LLC now owns 527 shares of the company's stock valued at $32,000 after buying an additional 382 shares in the last quarter. Endurance Wealth Management Inc. boosted its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 3,750.0% during the 4th quarter. Endurance Wealth Management Inc. now owns 616 shares of the company's stock worth $37,000 after acquiring an additional 600 shares in the last quarter. First Command Bank acquired a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 1st quarter worth $58,000. First Horizon Advisors Inc. raised its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 291.9% during the fourth quarter. First Horizon Advisors Inc. now owns 1,164 shares of the company's stock worth $68,000 after purchasing an additional 867 shares during the period. Finally, Clearview Wealth Advisors LLC lifted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 15.3% during the fourth quarter. Clearview Wealth Advisors LLC now owns 2,203 shares of the company's stock valued at $132,000 after purchasing an additional 292 shares during the last quarter.
Get iShares Broad USD Investment Grade Corporate Bond ETF alerts:Shares of USIG opened at $50.94 on Friday. The business's 50-day moving average price is $51.48 and its 200 day moving average price is $54.55. iShares Broad USD Investment Grade Corporate Bond ETF has a 1-year low of $49.85 and a 1-year high of $61.51.
The company also recently announced a monthly dividend, which was paid on Friday, July 8th. Shareholders of record on Tuesday, July 5th were issued a $0.129 dividend. This represents a $1.55 annualized dividend and a dividend yield of 3.04%. This is a boost from iShares Broad USD Investment Grade Corporate Bond ETF's previous monthly dividend of $0.13. The ex-dividend date of this dividend was Friday, July 1st.Featured Stories
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Want to see what other hedge funds are holding USIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG – Get Rating).
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