Flow Traders U.S. LLC Makes New $10.40 Million Investment in iShares Short-Term National Muni Bond ETF $SUB

Flow Traders U.S. LLC bought a new stake in iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 97,421 shares of the company’s stock, valued at approximately $10,403,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. City of London Investment Management Co. Ltd. purchased a new stake in shares of iShares Short-Term National Muni Bond ETF during the 2nd quarter worth approximately $13,857,000. MainStreet Investment Advisors LLC lifted its stake in iShares Short-Term National Muni Bond ETF by 32.8% in the second quarter. MainStreet Investment Advisors LLC now owns 9,344 shares of the company’s stock valued at $994,000 after purchasing an additional 2,310 shares during the last quarter. Diversified Portfolios Inc. grew its holdings in iShares Short-Term National Muni Bond ETF by 27.0% during the second quarter. Diversified Portfolios Inc. now owns 60,557 shares of the company’s stock valued at $6,440,000 after purchasing an additional 12,881 shares during the period. Wealthspire Advisors LLC grew its holdings in iShares Short-Term National Muni Bond ETF by 51.4% during the second quarter. Wealthspire Advisors LLC now owns 97,860 shares of the company’s stock valued at $10,407,000 after purchasing an additional 33,220 shares during the period. Finally, White Pine Capital LLC increased its position in iShares Short-Term National Muni Bond ETF by 12.4% in the second quarter. White Pine Capital LLC now owns 4,065 shares of the company’s stock worth $432,000 after buying an additional 449 shares during the last quarter.

iShares Short-Term National Muni Bond ETF Stock Performance

Shares of SUB opened at $106.95 on Monday. The stock’s fifty day moving average price is $107.15 and its two-hundred day moving average price is $106.85. iShares Short-Term National Muni Bond ETF has a 1 year low of $104.02 and a 1 year high of $107.51.

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.