Koss Olinger Consulting LLC Takes $566,000 Position in iShares Broad USD Investment Grade Corporate Bond ETF $USIG

Koss Olinger Consulting LLC bought a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) during the first quarter, according to its most recent filing with the SEC. The fund bought 11,042 shares of the company’s stock, valued at approximately $566,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. TIAA Trust National Association grew its position in iShares Broad USD Investment Grade Corporate Bond ETF by 4.1% during the fourth quarter. TIAA Trust National Association now owns 25,593,092 shares of the company’s stock valued at $1,327,404,000 after buying an additional 1,002,085 shares during the period. Ameriprise Financial Inc. raised its position in iShares Broad USD Investment Grade Corporate Bond ETF by 21.0% in the second quarter. Ameriprise Financial Inc. now owns 9,978,176 shares of the company’s stock worth $509,873,000 after acquiring an additional 1,735,043 shares during the period. Bank of New York Mellon Corp raised its position in iShares Broad USD Investment Grade Corporate Bond ETF by 0.9% in the first quarter. Bank of New York Mellon Corp now owns 1,583,035 shares of the company’s stock worth $81,099,000 after acquiring an additional 14,073 shares during the period. JPMorgan Chase & Co. boosted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 1.9% in the fourth quarter. JPMorgan Chase & Co. now owns 1,449,857 shares of the company’s stock valued at $75,059,000 after acquiring an additional 27,651 shares during the last quarter. Finally, Crestwood Advisors Group LLC boosted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 21.0% in the fourth quarter. Crestwood Advisors Group LLC now owns 650,115 shares of the company’s stock valued at $33,656,000 after acquiring an additional 112,916 shares during the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

iShares Broad USD Investment Grade Corporate Bond ETF stock opened at $50.60 on Tuesday. The firm has a 50 day moving average price of $51.03 and a 200-day moving average price of $51.43. iShares Broad USD Investment Grade Corporate Bond ETF has a twelve month low of $50.48 and a twelve month high of $52.72.

iShares Broad USD Investment Grade Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.2016 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.8%.

iShares Broad USD Investment Grade Corporate Bond ETF Profile

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.