Crestwood Advisors Group LLC Grows Stock Holdings in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Crestwood Advisors Group LLC boosted its holdings in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 41.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 407,479 shares of the company’s stock after buying an additional 119,598 shares during the quarter. Crestwood Advisors Group LLC’s holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $20,488,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 23.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,172,235 shares of the company’s stock worth $61,636,000 after acquiring an additional 219,971 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in 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. ST Germain D J Co. Inc. increased its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 19.1% in the fourth quarter. ST Germain D J Co. Inc. now owns 276,403 shares of the company’s stock valued at $13,898,000 after purchasing an additional 44,368 shares during the last quarter. Bartlett & CO. Wealth Management LLC raised its holdings 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 purchasing an additional 19,777 shares in the last quarter. Finally, Trivant Custom Portfolio Group LLC lifted its position in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 1.6% during the 4th quarter. Trivant Custom Portfolio Group LLC now owns 162,723 shares of the company’s stock worth $8,182,000 after buying an additional 2,542 shares during the last quarter.

iShares Broad USD Investment Grade Corporate Bond ETF Stock Performance

Shares of iShares Broad USD Investment Grade Corporate Bond ETF stock opened at $50.86 on Monday. The company has a fifty day simple moving average of $50.39 and a 200-day simple moving average of $51.25. iShares Broad USD Investment Grade Corporate Bond ETF has a 12-month low of $49.08 and a 12-month high of $52.94.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.1946 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from iShares Broad USD Investment Grade Corporate Bond ETF’s previous dividend of $0.19.

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.