Manning & Napier Advisors LLC Reduces Position in iShares Broad USD Investment Grade Corporate Bond ETF $USIG

Manning & Napier Advisors LLC trimmed its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIGFree Report) by 97.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,125 shares of the company’s stock after selling 329,365 shares during the period. Manning & Napier Advisors LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $467,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Garton & Associates Financial Advisors LLC purchased a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $26,000. YANKCOM Partnership purchased a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the fourth quarter worth approximately $32,000. Creative Capital Management Investments LLC purchased a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the first quarter worth approximately $34,000. Harbor Investment Advisory LLC lifted its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 3,147.6% during the 1st quarter. Harbor Investment Advisory LLC now owns 682 shares of the company’s stock worth $35,000 after acquiring an additional 661 shares during the last quarter. Finally, Strive Financial Group LLC bought a new stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF during the 4th quarter worth approximately $52,000.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

USIG opened at $50.71 on Monday. The business has a fifty day moving average of $51.10 and a 200 day moving average of $51.49. iShares Broad USD Investment Grade Corporate Bond ETF has a 52-week low of $50.48 and a 52-week high of $52.72.

iShares Broad USD Investment Grade Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.2016 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Wednesday, July 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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Institutional Ownership by Quarter for iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

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