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

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $107.45 and last traded at $107.4450, with a volume of 60066 shares changing hands. The stock had previously closed at $107.39.

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

The business’s fifty day simple moving average is $107.04 and its 200 day simple moving average is $106.84.

Institutional Trading of iShares Short-Term National Muni Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of SUB. Bank of New York Mellon Corp boosted its stake in shares of iShares Short-Term National Muni Bond ETF by 2.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 5,309,707 shares of the company’s stock worth $566,971,000 after acquiring an additional 112,381 shares during the period. TIAA Trust National Association lifted its holdings in iShares Short-Term National Muni Bond ETF by 9.0% during the 2nd quarter. TIAA Trust National Association now owns 3,412,277 shares of the company’s stock valued at $362,861,000 after purchasing an additional 281,169 shares during the last quarter. Allstate Corp boosted its position in iShares Short-Term National Muni Bond ETF by 3,158.4% during the fourth quarter. Allstate Corp now owns 1,547,744 shares of the company’s stock worth $165,144,000 after purchasing an additional 1,500,244 shares during the period. Captrust Financial Advisors boosted its position in iShares Short-Term National Muni Bond ETF by 7.5% during the second quarter. Captrust Financial Advisors now owns 1,418,214 shares of the company’s stock worth $150,813,000 after purchasing an additional 98,544 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of iShares Short-Term National Muni Bond ETF by 3.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,019,871 shares of the company’s stock worth $108,598,000 after buying an additional 29,842 shares during the last quarter.

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.