iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Sees Strong Trading Volume – Here’s Why

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) shares saw unusually-strong trading volume on Tuesday . 679,947 shares changed hands during trading, an increase of 32% from the previous session’s volume of 516,779 shares.The stock last traded at $106.56 and had previously closed at $106.49.

iShares Short-Term National Muni Bond ETF Stock Performance

The firm has a 50-day simple moving average of $106.43 and a two-hundred day simple moving average of $106.73.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of SUB. Salomon & Ludwin LLC increased its holdings in shares of iShares Short-Term National Muni Bond ETF by 4.3% during the 4th quarter. Salomon & Ludwin LLC now owns 663,262 shares of the company’s stock valued at $70,851,000 after purchasing an additional 27,347 shares in the last quarter. Farther Finance Advisors LLC grew its position in iShares Short-Term National Muni Bond ETF by 89.9% during the fourth quarter. Farther Finance Advisors LLC now owns 43,158 shares of the company’s stock valued at $4,605,000 after buying an additional 20,436 shares during the period. Nisa Investment Advisors LLC grew its position in iShares Short-Term National Muni Bond ETF by 5.0% during the fourth quarter. Nisa Investment Advisors LLC now owns 674,815 shares of the company’s stock valued at $72,003,000 after buying an additional 32,165 shares during the period. North Star Investment Management Corp. increased its holdings in iShares Short-Term National Muni Bond ETF by 994.7% in the fourth quarter. North Star Investment Management Corp. now owns 24,630 shares of the company’s stock valued at $2,628,000 after buying an additional 22,380 shares in the last quarter. Finally, First Community Trust NA raised its position in shares of iShares Short-Term National Muni Bond ETF by 1,145.9% in the fourth quarter. First Community Trust NA now owns 30,662 shares of the company’s stock worth $3,272,000 after acquiring an additional 28,201 shares during the period.

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.