iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Reaches New 52-Week Low – Time to Sell?

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB)’s stock price reached a new 52-week low during mid-day trading on Monday. The stock traded as low as $104.00 and last traded at $104.00, with a volume of 6386 shares. The stock had previously closed at $104.40.

iShares Short-Term National Muni Bond ETF Stock Down 0.1%

The company’s 50 day simple moving average is $105.83 and its 200 day simple moving average is $106.23.

Institutional Investors Weigh In On iShares Short-Term National Muni Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Captrust Financial Advisors grew its holdings in shares of iShares Short-Term National Muni Bond ETF by 2.3% during the fourth quarter. Captrust Financial Advisors now owns 1,252,435 shares of the company’s stock worth $133,635,000 after purchasing an additional 27,839 shares during the last quarter. John A. Wolfe & Associates Inc. acquired a new stake in shares of iShares Short-Term National Muni Bond ETF in the fourth quarter valued at approximately $51,951,000. DGS Capital Management LLC increased its holdings in shares of iShares Short-Term National Muni Bond ETF by 8.0% in the 4th quarter. DGS Capital Management LLC now owns 337,218 shares of the company’s stock valued at $35,981,000 after acquiring an additional 25,067 shares during the period. GAMMA Investing LLC increased its holdings in shares of iShares Short-Term National Muni Bond ETF by 23.6% in the 2nd quarter. GAMMA Investing LLC now owns 221,849 shares of the company’s stock valued at $23,620,000 after acquiring an additional 42,291 shares during the period. Finally, One Capital Management LLC raised its position in iShares Short-Term National Muni Bond ETF by 5.9% in the 4th quarter. One Capital Management LLC now owns 168,082 shares of the company’s stock valued at $17,934,000 after purchasing an additional 9,352 shares during the last quarter.

iShares Short-Term National Muni Bond ETF Company 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.