Creative Financial Designs Inc. ADV Purchases New Holdings in iShares Broad USD Investment Grade Corporate Bond ETF (USIG)

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Creative Financial Designs Inc. ADV purchased a new stake in iShares Broad USD Investment Grade Corporate Bond ETF (NYSEARCA:USIG) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 29,311 shares of the company’s stock, valued at approximately $1,620,000. iShares Broad USD Investment Grade Corporate Bond ETF makes up about 1.0% of Creative Financial Designs Inc. ADV’s investment portfolio, making the stock its 29th biggest holding. Creative Financial Designs Inc. ADV owned 0.05% of iShares Broad USD Investment Grade Corporate Bond ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in USIG. Bank of New York Mellon Corp purchased a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 4th quarter valued at about $35,136,000. Rockland Trust Co. purchased a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 1st quarter valued at about $1,877,000. OLD Mission Capital LLC purchased a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 4th quarter valued at about $1,675,000. Cahaba Wealth Management Inc. purchased a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 1st quarter valued at about $1,364,000. Finally, Trust Department MB Financial Bank N A purchased a new position in shares of iShares Broad USD Investment Grade Corporate Bond ETF in the 1st quarter valued at about $992,000.

Shares of USIG traded up $0.19 during trading hours on Tuesday, reaching $55.07. The company had a trading volume of 483,516 shares, compared to its average volume of 397,622. iShares Broad USD Investment Grade Corporate Bond ETF has a 12-month low of $52.28 and a 12-month high of $55.32.

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.1702 per share. This is an increase from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.17. This represents a $2.04 annualized dividend and a yield of 3.71%. The ex-dividend date was Monday, April 1st.

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Institutional Ownership by Quarter for iShares Broad USD Investment Grade Corporate Bond ETF (NYSEARCA:USIG)

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