Creative Financial Designs Inc. ADV Increases Holdings in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Creative Financial Designs Inc. ADV increased its stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 34.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,848 shares of the company’s stock after buying an additional 473 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $93,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in USIG. JPMorgan Chase & Co. grew its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 23.1% in the third quarter. JPMorgan Chase & Co. now owns 1,172,235 shares of the company’s stock valued at $61,636,000 after purchasing an additional 219,971 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 168.0% in the third quarter. BNP Paribas Financial Markets now owns 314,312 shares of the company’s stock valued at $16,527,000 after purchasing an additional 197,012 shares in the last quarter. Crestwood Advisors Group LLC grew its position in iShares Broad USD Investment Grade Corporate Bond ETF by 41.5% during the fourth quarter. Crestwood Advisors Group LLC now owns 407,479 shares of the company’s stock worth $20,488,000 after buying an additional 119,598 shares in the last quarter. ST Germain D J Co. Inc. grew its position in iShares Broad USD Investment Grade Corporate Bond ETF by 19.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 276,403 shares of the company’s stock worth $13,898,000 after buying an additional 44,368 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC grew its position in iShares Broad USD Investment Grade Corporate Bond ETF by 9.8% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 221,230 shares of the company’s stock worth $11,123,000 after buying an additional 19,777 shares in the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

iShares Broad USD Investment Grade Corporate Bond ETF stock opened at $51.12 on Friday. iShares Broad USD Investment Grade Corporate Bond ETF has a 52 week low of $49.08 and a 52 week high of $52.94. The business has a 50-day simple moving average of $50.67 and a 200 day simple moving average of $51.16.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.196 per share. This is a boost from iShares Broad USD Investment Grade Corporate Bond ETF’s previous dividend of $0.19. The ex-dividend date was Monday, March 3rd.

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.