Envestnet Asset Management Inc. raised its position in iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB) by 391.3% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 19,722,311 shares of the company’s stock after purchasing an additional 15,708,102 shares during the period. iShares Short-Term Corporate Bond ETF accounts for approximately 1.1% of Envestnet Asset Management Inc.’s portfolio, making the stock its 17th biggest holding. Envestnet Asset Management Inc. owned approximately 5.95% of iShares Short-Term Corporate Bond ETF worth $1,079,008,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. First Trust Advisors LP purchased a new stake in iShares Short-Term Corporate Bond ETF during the 1st quarter valued at about $4,147,000. Princeton Portfolio Strategies Group LLC boosted its holdings in shares of iShares Short-Term Corporate Bond ETF by 23.0% during the 4th quarter. Princeton Portfolio Strategies Group LLC now owns 5,350 shares of the company’s stock worth $287,000 after purchasing an additional 1,000 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of iShares Short-Term Corporate Bond ETF by 61.8% in the fourth quarter. Renaissance Technologies LLC now owns 236,845 shares of the company’s stock valued at $12,702,000 after purchasing an additional 90,446 shares in the last quarter. Financial Advocates Investment Management increased its holdings in shares of iShares Short-Term Corporate Bond ETF by 100.3% in the fourth quarter. Financial Advocates Investment Management now owns 9,302 shares of the company’s stock valued at $499,000 after purchasing an additional 4,657 shares during the last quarter. Finally, Blair William & Co. IL increased its holdings in shares of iShares Short-Term Corporate Bond ETF by 3.2% in the fourth quarter. Blair William & Co. IL now owns 39,018 shares of the company’s stock valued at $2,093,000 after purchasing an additional 1,220 shares during the last quarter.

Shares of IGSB traded up $0.03 during mid-day trading on Wednesday, reaching $54.72. The stock had a trading volume of 1,243,452 shares, compared to its average volume of 3,148,975. iShares Short-Term Corporate Bond ETF has a 52-week low of $47.21 and a 52-week high of $55.00. The business’s fifty day moving average is $54.43 and its 200 day moving average is $53.60.

See Also: Systematic Risk

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Institutional Ownership by Quarter for iShares Short-Term Corporate Bond ETF (NYSEARCA:IGSB)

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