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

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as $103.69 and last traded at $103.69, with a volume of 487 shares. The stock had previously closed at $106.56.

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

The firm’s 50-day moving average price is $106.45 and its 200-day moving average price is $106.73.

Hedge Funds Weigh In On iShares Short-Term National Muni Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of SUB. Brown Brothers Harriman & Co. purchased a new stake in iShares Short-Term National Muni Bond ETF during the 4th quarter valued at $25,000. Rothschild Investment LLC increased its position 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 acquiring an additional 402 shares during the last quarter. Monetary Solutions Ltd purchased a new stake in shares of iShares Short-Term National Muni Bond ETF in the fourth quarter valued at $54,000. Field & Main Bank lifted its holdings in shares of iShares Short-Term National Muni Bond ETF by 18.4% in the 4th quarter. Field & Main Bank now owns 651 shares of the company’s stock worth $69,000 after acquiring an additional 101 shares during the last quarter. Finally, WFA of San Diego LLC purchased a new position in shares of iShares Short-Term National Muni Bond ETF during the 2nd quarter worth about $95,000.

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.