Allstate Corp Increases Position in iShares Short-Term National Muni Bond ETF $SUB

Allstate Corp raised its stake in shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) by 3,158.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,547,744 shares of the company’s stock after purchasing an additional 1,500,244 shares during the period. iShares Short-Term National Muni Bond ETF accounts for 2.3% of Allstate Corp’s portfolio, making the stock its 12th largest position. Allstate Corp’s holdings in iShares Short-Term National Muni Bond ETF were worth $165,144,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Salomon & Ludwin LLC increased its position in iShares Short-Term National Muni Bond ETF by 4.3% during the fourth quarter. Salomon & Ludwin LLC now owns 663,262 shares of the company’s stock worth $70,851,000 after purchasing an additional 27,347 shares during the last quarter. Farther Finance Advisors LLC increased its position in iShares Short-Term National Muni Bond ETF by 89.9% during the fourth quarter. Farther Finance Advisors LLC now owns 43,158 shares of the company’s stock worth $4,605,000 after purchasing an additional 20,436 shares during the last quarter. Bank of New York Mellon Corp increased its position in iShares Short-Term National Muni Bond ETF by 2.2% during the third quarter. Bank of New York Mellon Corp now owns 5,309,707 shares of the company’s stock worth $566,971,000 after purchasing an additional 112,381 shares during the last quarter. Crestwood Advisors Group LLC increased its position in iShares Short-Term National Muni Bond ETF by 16.2% during the third quarter. Crestwood Advisors Group LLC now owns 462,094 shares of the company’s stock worth $49,342,000 after purchasing an additional 64,271 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its position in iShares Short-Term National Muni Bond ETF by 5.0% during the fourth quarter. Nisa Investment Advisors LLC now owns 674,815 shares of the company’s stock worth $72,003,000 after purchasing an additional 32,165 shares during the last quarter.

iShares Short-Term National Muni Bond ETF Price Performance

Shares of SUB stock opened at $106.23 on Tuesday. iShares Short-Term National Muni Bond ETF has a one year low of $105.69 and a one year high of $107.51. The company has a 50 day moving average price of $106.49 and a 200 day moving average price of $106.74.

iShares Short-Term National Muni Bond ETF Profile

iShares 2016 AMT-Free Muni Term ETF, formerly iShares S&P Short Term National AMT-Free Municipal Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Short Term National AMT-Free Municipal Bond Index (the Index). The Index measures the performance of the short-term investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.