iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Sees Strong Trading Volume – Time to Buy?

Shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) saw strong trading volume on Thursday . 452,434 shares changed hands during mid-day trading, an increase of 11% from the previous session’s volume of 409,175 shares.The stock last traded at $105.69 and had previously closed at $105.62.

iShares Short-Term National Muni Bond ETF Stock Performance

The stock has a 50 day simple moving average of $105.75 and a 200 day simple moving average of $105.71.

Institutional Trading of iShares Short-Term National Muni Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Captrust Financial Advisors increased its stake in iShares Short-Term National Muni Bond ETF by 6.0% in the fourth quarter. Captrust Financial Advisors now owns 1,285,605 shares of the company’s stock valued at $135,606,000 after acquiring an additional 73,257 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares Short-Term National Muni Bond ETF by 3.9% in the 4th quarter. Ameriprise Financial Inc. now owns 913,774 shares of the company’s stock valued at $96,386,000 after purchasing an additional 34,085 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares Short-Term National Muni Bond ETF by 10.4% in the 4th quarter. JPMorgan Chase & Co. now owns 670,547 shares of the company’s stock valued at $70,729,000 after purchasing an additional 62,936 shares during the last quarter. Salomon & Ludwin LLC raised its holdings in shares of iShares Short-Term National Muni Bond ETF by 1.9% during the 4th quarter. Salomon & Ludwin LLC now owns 559,642 shares of the company’s stock worth $59,031,000 after buying an additional 10,221 shares in the last quarter. Finally, DGS Capital Management LLC lifted its position in shares of iShares Short-Term National Muni Bond ETF by 4.6% during the 3rd quarter. DGS Capital Management LLC now owns 292,461 shares of the company’s stock worth $31,056,000 after buying an additional 12,895 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).