iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Sets New 1-Year High – Time to Buy?

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) shares reached a new 52-week high on Monday . The stock traded as high as $107.45 and last traded at $107.4450, with a volume of 60066 shares traded. The stock had previously closed at $107.39.

iShares Short-Term National Muni Bond ETF Trading Up 0.0%

The stock has a 50-day moving average of $107.01 and a 200 day moving average of $106.83.

Institutional Trading of iShares Short-Term National Muni Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC lifted its position in iShares Short-Term National Muni Bond ETF by 10.5% during the 4th quarter. NewEdge Advisors LLC now owns 82,048 shares of the company’s stock worth $8,755,000 after buying an additional 7,809 shares in the last quarter. O Domhnaill Enterprises Inc. bought a new position in shares of iShares Short-Term National Muni Bond ETF in the fourth quarter worth about $814,000. Advisory Services Network LLC lifted its position in shares of iShares Short-Term National Muni Bond ETF by 26.1% during the fourth quarter. Advisory Services Network LLC now owns 23,580 shares of the company’s stock worth $2,516,000 after purchasing an additional 4,887 shares in the last quarter. Captrust Financial Advisors lifted its position 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 in the last quarter. Finally, Gould Asset Management LLC CA grew its stake in shares of iShares Short-Term National Muni Bond ETF by 37.2% during the fourth quarter. Gould Asset Management LLC CA now owns 9,005 shares of the company’s stock valued at $961,000 after purchasing an additional 2,440 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.