Manning & Napier Advisors LLC Sells 58,309 Shares of iShares Broad USD Investment Grade Corporate Bond ETF $USIG

Manning & Napier Advisors LLC trimmed its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 14.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 338,490 shares of the company’s stock after selling 58,309 shares during the period. Manning & Napier Advisors LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $17,524,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of USIG. Ameriprise Financial Inc. raised its position in iShares Broad USD Investment Grade Corporate Bond ETF by 21.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,978,176 shares of the company’s stock worth $509,873,000 after purchasing an additional 1,735,043 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 22.7% during the 2nd quarter. BNP Paribas Financial Markets now owns 80,100 shares of the company’s stock worth $4,120,000 after buying an additional 14,800 shares in the last quarter. Tolleson Wealth Management Inc. boosted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 18.5% in the 2nd quarter. Tolleson Wealth Management Inc. now owns 33,073 shares of the company’s stock valued at $1,701,000 after buying an additional 5,175 shares during the last quarter. Captrust Financial Advisors boosted its position in iShares Broad USD Investment Grade Corporate Bond ETF by 2.6% in the 2nd quarter. Captrust Financial Advisors now owns 539,087 shares of the company’s stock valued at $27,731,000 after buying an additional 13,481 shares during the last quarter. Finally, CoreCap Advisors LLC increased its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 206.2% in the 3rd quarter. CoreCap Advisors LLC now owns 741 shares of the company’s stock valued at $39,000 after buying an additional 499 shares during the period.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

USIG stock opened at $51.32 on Friday. iShares Broad USD Investment Grade Corporate Bond ETF has a twelve month low of $49.89 and a twelve month high of $52.72. The business has a fifty day moving average of $51.41 and a 200-day moving average of $51.81.

iShares Broad USD Investment Grade Corporate Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were given a $0.2042 dividend. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Friday, May 1st.

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.