Allstate Corp Raises Position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB)

Allstate Corp grew its position in iShares 1-5 Year Investment Grade Corporate Bond ETF (NASDAQ:IGSB) by 23.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,116,056 shares of the company’s stock after acquiring an additional 782,750 shares during the period. iShares 1-5 Year Investment Grade Corporate Bond ETF accounts for 6.3% of Allstate Corp’s portfolio, making the stock its 2nd largest holding. Allstate Corp’s holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF were worth $212,800,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of IGSB. PSI Advisors LLC grew its holdings in iShares 1-5 Year Investment Grade Corporate Bond ETF by 74.9% during the 4th quarter. PSI Advisors LLC now owns 481 shares of the company’s stock worth $25,000 after acquiring an additional 206 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter worth approximately $36,000. Fortitude Family Office LLC bought a new stake in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF during the fourth quarter valued at approximately $43,000. Thompson Investment Management Inc. increased its holdings in shares of iShares 1-5 Year Investment Grade Corporate Bond ETF by 88.4% in the fourth quarter. Thompson Investment Management Inc. now owns 831 shares of the company’s stock valued at $43,000 after purchasing an additional 390 shares in the last quarter. Finally, Bogart Wealth LLC raised its position in iShares 1-5 Year Investment Grade Corporate Bond ETF by 924.0% in the 4th quarter. Bogart Wealth LLC now owns 1,239 shares of the company’s stock worth $64,000 after purchasing an additional 1,118 shares during the last quarter. 76.06% of the stock is owned by institutional investors and hedge funds.

iShares 1-5 Year Investment Grade Corporate Bond ETF Trading Up 0.2 %

Shares of IGSB opened at $52.34 on Friday. The business’s fifty day moving average price is $52.05 and its two-hundred day moving average price is $52.04. iShares 1-5 Year Investment Grade Corporate Bond ETF has a 52 week low of $50.58 and a 52 week high of $52.74.

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

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