Murphy & Mullick Capital Management Corp Makes New Investment in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG)

Murphy & Mullick Capital Management Corp bought a new stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 975 shares of the company’s stock, valued at approximately $49,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of USIG. Private Trust Co. NA boosted its holdings in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 392.0% during the 3rd quarter. Private Trust Co. NA now owns 9,894 shares of the company’s stock worth $520,000 after purchasing an additional 7,883 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in iShares Broad USD Investment Grade Corporate Bond ETF by 168.0% during the third quarter. BNP Paribas Financial Markets now owns 314,312 shares of the company’s stock worth $16,527,000 after buying an additional 197,012 shares during the last quarter. Captrust Financial Advisors grew its holdings in iShares Broad USD Investment Grade Corporate Bond ETF by 5.9% in the 3rd quarter. Captrust Financial Advisors now owns 4,243 shares of the company’s stock valued at $223,000 after buying an additional 235 shares in the last quarter. Financial Avengers Inc. increased its stake in shares of iShares Broad USD Investment Grade Corporate Bond ETF by 17.5% in the 3rd quarter. Financial Avengers Inc. now owns 19,716 shares of the company’s stock worth $1,037,000 after acquiring an additional 2,938 shares during the last quarter. Finally, Sunbelt Securities Inc. raised its holdings in shares of 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 acquiring an additional 827 shares during the period.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

Shares of USIG stock opened at $50.75 on Friday. iShares Broad USD Investment Grade Corporate Bond ETF has a twelve month low of $49.08 and a twelve month high of $52.94. The company’s 50-day moving average price is $50.77 and its 200-day moving average price is $51.12.

iShares Broad USD Investment Grade Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.196 dividend. 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.