Arkadios Wealth Advisors Increases Stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Arkadios Wealth Advisors increased its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) by 34.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,280 shares of the company’s stock after buying an additional 3,949 shares during the period. Arkadios Wealth Advisors’ holdings in iShares Broad USD Investment Grade Corporate Bond ETF were worth $768,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. AdvisorNet Financial Inc increased its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 50.7% during the 4th quarter. AdvisorNet Financial Inc now owns 618 shares of the company’s stock worth $31,000 after buying an additional 208 shares during the period. Captrust Financial Advisors grew its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 5.9% during the 3rd quarter. Captrust Financial Advisors now owns 4,243 shares of the company’s stock worth $223,000 after purchasing an additional 235 shares in the last quarter. Kingfisher Capital LLC grew its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 2.4% during the 2nd quarter. Kingfisher Capital LLC now owns 19,855 shares of the company’s stock worth $997,000 after purchasing an additional 474 shares in the last quarter. Valeo Financial Advisors LLC grew its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 2.5% during the 3rd quarter. Valeo Financial Advisors LLC now owns 30,789 shares of the company’s stock worth $1,619,000 after purchasing an additional 762 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 179.4% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,288 shares of the company’s stock worth $68,000 after purchasing an additional 827 shares in the last quarter.

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

Shares of iShares Broad USD Investment Grade Corporate Bond ETF stock opened at $50.27 on Tuesday. 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 company has a 50 day moving average of $50.72 and a 200 day moving average of $51.31.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.1994 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $2.39 dividend on an annualized basis and a yield of 4.76%. This is an increase from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.19.

About iShares Broad USD Investment Grade Corporate Bond ETF

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.