Allstate Corp Has $212.80 Million Stock Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Allstate Corp raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 23.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,116,056 shares of the company’s stock after purchasing an additional 782,750 shares during the quarter. iShares 1-5 Year Investment Grade Corporate Bond ETF accounts for about 6.3% of Allstate Corp’s investment portfolio, making the stock its 2nd biggest position. Allstate Corp owned about 1.01% of iShares 1-5 Year Investment Grade Corporate Bond ETF worth $212,800,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in IGSB. Equitable Trust Co. raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 10.5% in the fourth quarter. Equitable Trust Co. now owns 131,570 shares of the company’s stock valued at $6,802,000 after purchasing an additional 12,509 shares in the last quarter. First Horizon Advisors Inc. raised its stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 14.6% in the 4th quarter. First Horizon Advisors Inc. now owns 15,060 shares of the company’s stock valued at $779,000 after buying an additional 1,923 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the 4th quarter worth about $36,000. Jones Financial Companies Lllp boosted its position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 81.7% during the 4th quarter. Jones Financial Companies Lllp now owns 14,879 shares of the company’s stock valued at $769,000 after acquiring an additional 6,690 shares in the last quarter. Finally, Greenwood Gearhart Inc. increased its stake in iShares 1-5 Year Investment Grade Corporate Bond ETF by 2.7% in the third quarter. Greenwood Gearhart Inc. now owns 650,428 shares of the company’s stock valued at $34,252,000 after acquiring an additional 16,987 shares during the period. Institutional investors and hedge funds own 76.06% of the company’s stock.

iShares 1-5 Year Investment Grade Corporate Bond ETF Stock Performance

Shares of IGSB opened at $52.34 on Friday. The company has a 50-day moving average price of $52.05 and a two-hundred day moving average price of $52.04. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 12 month low of $50.58 and a 12 month high of $52.74.

iShares 1-5 Year Investment Grade Corporate Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.1867 dividend. The ex-dividend date was Monday, March 3rd.

iShares 1-5 Year Investment Grade Corporate Bond ETF Company Profile

The iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) is an exchange-traded fund that is based on the ICE BofA US Corporate (1-5 Y) index. The fund tracks a market-value-weighted index of US dollar-denominated, investment-grade corporate debt with 1-5 years remaining in maturity. IGSB was launched on Jan 5, 2007 and is managed by BlackRock.