iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Hits New 52-Week Low – What’s Next?

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $105.95 and last traded at $105.95, with a volume of 7318 shares traded. The stock had previously closed at $106.11.

iShares Short-Term National Muni Bond ETF Trading Down 0.2%

The firm has a fifty day simple moving average of $106.34 and a 200 day simple moving average of $106.69.

Institutional Trading of iShares Short-Term National Muni Bond ETF

Several large investors have recently modified their holdings of SUB. Allstate Corp grew its holdings in iShares Short-Term National Muni Bond ETF by 3,158.4% in the 4th quarter. Allstate Corp now owns 1,547,744 shares of the company’s stock valued at $165,144,000 after buying an additional 1,500,244 shares during the last quarter. John A. Wolfe & Associates Inc. acquired a new position in shares of iShares Short-Term National Muni Bond ETF during the fourth quarter worth approximately $51,951,000. CX Institutional lifted its holdings in shares of iShares Short-Term National Muni Bond ETF by 4,425.4% during the second quarter. CX Institutional now owns 120,284 shares of the company’s stock worth $12,807,000 after buying an additional 117,626 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of 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 buying an additional 98,544 shares during the last quarter. Finally, Quent Long Short Global Small Cap Fund LP bought a new stake in shares of iShares Short-Term National Muni Bond ETF in the fourth quarter valued at approximately $10,060,000.

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.