FDxAdvisors Inc. recently made its mark in the 4th quarter after purchasing a new stake in iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG), as per the company’s recent 13F filing with the SEC. The transaction involved purchasing 4,413 shares of the company’s stock, amounting to $217,000.
The move comes as no surprise as FDxAdvisors Inc. understands that investment in corporate bond ETFs is an excellent opportunity for long-term investors. Furthermore, these investments provide income-generating options while holding relatively low levels of risk.
It is important to note that these transactions are not isolated cases as there are other hedge funds closely following this trend. Investors can keep themselves abreast of latest financial developments of iShares Broad USD Investment Grade Corporate Bond ETF and other companies by checking out HoldingsChannel.com for the most recent 13F filings and insider trades.
What’s more exciting is that iShares Broad USD Investment Grade Corporate Bond ETF declared a monthly dividend on May 5th that delighted its investors. Shareholders who were enlisted on May 2nd received $0.167 dividend which is higher than its previous monthly dividend of $0.16. This represents a $2.00 dividend annually and a yield of 4.04%.
Despite the instability of today’s financial markets, it is refreshing to see that some investment vehicles remain viable opportunities for growth and stability. Evidence suggests that corporate bond ETFs like iShares Broad USD Investment Grade Corporate Bond ETF may provide reliable returns while maintaining consistent dividends throughout volatile market conditions.
In conclusion, we can say that FDxAdvisors Inc.’s latest acquisition verifies their financial acumen and inclination towards corporate bond ETFs like iShares Broad USD Investment Grade Corporate Bond ETF, among others. These investments are gaining attention because they offer quality returns with relatively less risk exposure than equities or mutual funds and serve as a reliable source of consistent income for long-term investors.
Institutional Investors and Hedge Funds Show Interest in iShares Broad USD Investment Grade Corporate Bond ETF
Institutional investors and hedge funds have been making moves in the iShares Broad USD Investment Grade Corporate Bond ETF, with several modifying their holdings of the business. Caprin Asset Management LLC ADV recently purchased a new stake in the fund worth approximately $29,000 during Q4. RFP Financial Group LLC also acquired a new position worth approximately $35,000 around this time, while Bartlett & Co. LLC followed suit with a new purchase amounting to around $43,000.
Baker Avenue Asset Management LP was another firm that entered into the fund during Q3 and they took a position worth approximately $230,000. Meanwhile, Captrust Financial Advisors boosted its holdings in shares of the ETF by 4% during that same quarter. They now own 5,958 shares of stock in iShares Broad USD Investment Grade Corporate Bond ETF and are valued at around $286,000 after purchasing an additional 228 shares in the last quarter.
iShares Broad USD Investment Grade Corporate Bond ETF’s shares opened at $49.57 on Thursday of this week. The stock has seen lows of $46.47 and highs of $53.01 over the past year. Despite these fluctuations, iShares Broad USD Investment Grade Corporate Bond ETF remains an attractive choice for those looking for an exchange-traded fund that tracks a market-value-weighted index based on USD-denominated investment-grade corporate debt.
USIG has been managed by BlackRock since its launch on January 5th, 2007 and continues to draw attention from investors across the financial spectrum due to its ability to provide stability where other funds may falter. Whether one is looking for consistent returns or simply seeking exposure to quality investment-grade corporate debt securities within the US market’s broad index environment – iShares Broad USD Investment Grade Corporate Bond ETF is shaping up well over time as a solid offering with room for growth and expansion upon that legacy overtime via prudent allocation tactics.
Discussion about this post