iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Hits New 1-Year High – What’s Next?

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $107.44 and last traded at $107.3750, with a volume of 21533 shares trading hands. The stock had previously closed at $107.40.

iShares Short-Term National Muni Bond ETF Stock Down 0.0%

The company has a 50 day moving average of $106.98 and a two-hundred day moving average of $106.82.

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

Several hedge funds have recently bought and sold shares of the business. Private Trust Co. NA lifted its holdings in shares of iShares Short-Term National Muni Bond ETF by 167.1% during the second quarter. Private Trust Co. NA now owns 1,851 shares of the company’s stock valued at $197,000 after purchasing an additional 1,158 shares during the last quarter. Cullen Frost Bankers Inc. increased its position in iShares Short-Term National Muni Bond ETF by 8.2% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 4,939 shares of the company’s stock valued at $525,000 after buying an additional 375 shares in the last quarter. Sonata Capital Group Inc. raised its stake in iShares Short-Term National Muni Bond ETF by 25.1% during the second quarter. Sonata Capital Group Inc. now owns 7,736 shares of the company’s stock valued at $823,000 after buying an additional 1,550 shares during the last quarter. BIP Wealth LLC boosted its holdings in iShares Short-Term National Muni Bond ETF by 49.7% in the second quarter. BIP Wealth LLC now owns 39,004 shares of the company’s stock worth $4,148,000 after acquiring an additional 12,950 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its stake in shares of iShares Short-Term National Muni Bond ETF by 13.1% in the second quarter. Nisa Investment Advisors LLC now owns 200,505 shares of the company’s stock worth $21,322,000 after acquiring an additional 23,155 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.