iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Hits New 52-Week Low – What’s Next?

Shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) reached a new 52-week low during trading on Thursday . The stock traded as low as $105.95 and last traded at $105.95, with a volume of 7318 shares. The stock had previously closed at $106.11.

iShares Short-Term National Muni Bond ETF Stock Performance

The company’s 50 day moving average price is $106.34 and its 200 day moving average price is $106.69.

Hedge Funds Weigh In On iShares Short-Term National Muni Bond ETF

Hedge funds have recently bought and sold shares of the business. Brown Brothers Harriman & Co. acquired a new stake in shares of iShares Short-Term National Muni Bond ETF in the fourth quarter worth about $25,000. Rothschild Investment LLC boosted its stake in shares of iShares Short-Term National Muni Bond ETF by 13,400.0% during the 4th quarter. Rothschild Investment LLC now owns 405 shares of the company’s stock worth $43,000 after acquiring an additional 402 shares in the last quarter. Monetary Solutions Ltd acquired a new position in shares of iShares Short-Term National Muni Bond ETF during the 4th quarter valued at about $54,000. Field & Main Bank increased its holdings in shares of iShares Short-Term National Muni Bond ETF by 18.4% during the 4th quarter. Field & Main Bank now owns 651 shares of the company’s stock valued at $69,000 after acquiring an additional 101 shares during the last quarter. Finally, WFA of San Diego LLC acquired a new position in shares of iShares Short-Term National Muni Bond ETF during the 2nd quarter valued at about $95,000.

About iShares Short-Term National Muni Bond ETF

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.