TIAA Trust National Association Acquires 1,002,085 Shares of iShares Broad USD Investment Grade Corporate Bond ETF $USIG

TIAA Trust National Association raised its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIGFree Report) by 4.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 25,593,092 shares of the company’s stock after acquiring an additional 1,002,085 shares during the quarter. iShares Broad USD Investment Grade Corporate Bond ETF accounts for about 3.2% of TIAA Trust National Association’s investment portfolio, making the stock its 7th largest holding. TIAA Trust National Association owned approximately 0.08% of iShares Broad USD Investment Grade Corporate Bond ETF worth $1,327,404,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 1.9% during the fourth quarter. JPMorgan Chase & Co. now owns 1,449,857 shares of the company’s stock valued at $75,059,000 after purchasing an additional 27,651 shares during the period. Landing Point Financial Group LLC raised its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 8.7% during the fourth quarter. Landing Point Financial Group LLC now owns 73,230 shares of the company’s stock valued at $3,791,000 after purchasing an additional 5,849 shares during the period. Bank of New York Mellon Corp raised its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 7.9% during the fourth quarter. Bank of New York Mellon Corp now owns 1,568,962 shares of the company’s stock valued at $81,225,000 after purchasing an additional 115,328 shares during the period. One Capital Management LLC raised its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 541.7% during the fourth quarter. One Capital Management LLC now owns 42,287 shares of the company’s stock valued at $2,189,000 after purchasing an additional 35,697 shares during the period. Finally, Fisher Asset Management LLC raised its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 15.4% during the fourth quarter. Fisher Asset Management LLC now owns 16,075 shares of the company’s stock valued at $832,000 after purchasing an additional 2,142 shares during the period.

iShares Broad USD Investment Grade Corporate Bond ETF Trading Down 0.1%

USIG opened at $50.84 on Tuesday. The firm’s 50 day moving average is $51.20 and its 200-day moving average is $51.63. iShares Broad USD Investment Grade Corporate Bond ETF has a 52-week low of $50.40 and a 52-week high of $52.72.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.2074 per share. This is an increase from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.20. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date was Monday, June 1st.

iShares Broad USD Investment Grade Corporate Bond ETF Company Profile

(Free Report)

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.

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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:USIGFree Report).

Institutional Ownership by Quarter for iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

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