iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) Interest Rate Update

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iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG – Get Rating) was the target of a sharp drop in short interest during August. As of August 15, there was short interest totaling 219,600 shares, down 22.4% from the July 31 total of 283,100 shares. Based on an average daily trading volume of 1,217,300 shares, the day-to-cover ratio is currently 0.2 days.

Institutional entries and exits

A number of institutional investors have been buying and selling USIG shares recently. First Horizon Advisors Inc. bought a new position in the iShares Broad USD Investment Grade Corporate Bond ETF in Q2 worth $54,000. First Command Bank bought a new position in iShares Broad USD Investment Grade Corporate Bond ETF in Q1 worth $58,000. Arrow Financial Corp bought a new position in iShares Broad USD Investment Grade Corporate Bond ETF in Q1 worth $70,000. Raleigh Capital Management Inc. bought a new position in iShares Broad USD Investment Grade Corporate Bond ETF in Q1 worth $86,000. Finally, Icon Wealth Partners LLC bought a new position in iShares Broad USD Investment Grade Corporate Bond ETF in Q1 worth $206,000.

iShares Broad USD Investment Grade Corporate Bond ETF Price Performance

The NASDAQ USIG opened at $51.32 on Friday. The company has a fifty-day simple moving average of $51.53 and a 200-day simple moving average of $52.90. iShares Broad USD Investment Grade Corporate Bond ETF has a 12-month low of $49.85 and a 12-month high of $61.29.

iShares Broad USD Investment Grade Corporate Bond ETF increases its dividend

A d Stansberry Research

CEO of largest private equity firm predicts ‘social unrest’

The CEO of Blackstone (the largest US private equity firm) recently publicly announced “social unrest”.

The company also recently disclosed a monthly dividend, which was paid on Friday, August 5. Shareholders of record on Tuesday August 2 received a dividend of $0.13. This represents a dividend of $1.56 on an annualized basis and a yield of 3.04%. The ex-dividend date was Monday August 1st. This is an increase from iShares Broad USD Investment Grade Corporate Bond ETF’s previous monthly dividend of $0.13.

Further reading

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