Root Financial Partners LLC Purchases 6,827 Shares of iShares Short-Term National Muni Bond ETF $SUB

Root Financial Partners LLC boosted its position in shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) by 29.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 29,743 shares of the company’s stock after purchasing an additional 6,827 shares during the quarter. Root Financial Partners LLC’s holdings in iShares Short-Term National Muni Bond ETF were worth $3,174,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SUB. One Capital Management LLC increased its stake in shares of 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 acquiring an additional 9,352 shares during the last quarter. Ellevest Inc. boosted its stake in iShares Short-Term National Muni Bond ETF by 7.0% during the 4th quarter. Ellevest Inc. now owns 159,210 shares of the company’s stock worth $16,988,000 after acquiring an additional 10,452 shares during the last quarter. Zhang Financial LLC grew its holdings in iShares Short-Term National Muni Bond ETF by 3.5% during the fourth quarter. Zhang Financial LLC now owns 74,231 shares of the company’s stock valued at $7,920,000 after purchasing an additional 2,529 shares during the period. Rothschild Investment LLC grew its holdings in iShares Short-Term National Muni Bond ETF by 13,400.0% during the fourth quarter. Rothschild Investment LLC now owns 405 shares of the company’s stock valued at $43,000 after purchasing an additional 402 shares during the period. Finally, Steel Grove Capital Advisors LLC grew its holdings in iShares Short-Term National Muni Bond ETF by 13.0% during the fourth quarter. Steel Grove Capital Advisors LLC now owns 4,000 shares of the company’s stock valued at $427,000 after purchasing an additional 460 shares during the period.

iShares Short-Term National Muni Bond ETF Stock Performance

Shares of NYSEARCA SUB opened at $106.33 on Tuesday. The firm has a 50 day moving average price of $106.44 and a 200 day moving average price of $106.75. iShares Short-Term National Muni Bond ETF has a 52-week low of $105.69 and a 52-week high of $107.51.

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.