iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Hits New 52-Week High – Here’s What Happened

Shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) hit a new 52-week high on Friday . The stock traded as high as $107.32 and last traded at $107.3050, with a volume of 261847 shares. The stock had previously closed at $107.23.

iShares Short-Term National Muni Bond ETF Trading Up 0.1%

The stock’s fifty day moving average price is $106.78 and its 200 day moving average price is $106.75.

Institutional Trading of iShares Short-Term National Muni Bond ETF

Several institutional investors have recently added to or reduced their stakes in SUB. Field & Main Bank bought a new stake in iShares Short-Term National Muni Bond ETF in the 3rd quarter worth approximately $59,000. Collier Financial purchased a new position in shares of iShares Short-Term National Muni Bond ETF in the third quarter valued at about $82,000. WFA of San Diego LLC bought a new stake in shares of iShares Short-Term National Muni Bond ETF during the second quarter valued at approximately $95,000. Bank of Jackson Hole Trust boosted its holdings in shares of iShares Short-Term National Muni Bond ETF by 19.9% during the 2nd quarter. Bank of Jackson Hole Trust now owns 903 shares of the company’s stock valued at $96,000 after purchasing an additional 150 shares during the last quarter. Finally, Ameriflex Group Inc. bought a new position in iShares Short-Term National Muni Bond ETF during the second quarter valued at approximately $110,000.

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.