iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Reaches New 1-Year High – Still a Buy?

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $108.18 and last traded at $108.18, with a volume of 300 shares trading hands. The stock had previously closed at $106.15.

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

The business has a fifty day moving average of $106.54 and a 200-day moving average of $106.75.

Institutional Trading of iShares Short-Term National Muni Bond ETF

A number of hedge funds have recently bought and sold shares of SUB. Brown Brothers Harriman & Co. purchased a new stake in iShares Short-Term National Muni Bond ETF during the fourth quarter worth $25,000. Rothschild Investment LLC lifted its holdings in iShares Short-Term National Muni Bond ETF by 13,400.0% during the fourth quarter. Rothschild Investment LLC now owns 405 shares of the company’s stock worth $43,000 after buying an additional 402 shares during the period. Monetary Solutions Ltd purchased a new stake in iShares Short-Term National Muni Bond ETF during the fourth quarter worth $54,000. Field & Main Bank purchased a new stake in iShares Short-Term National Muni Bond ETF during the third quarter worth $59,000. Finally, Collier Financial purchased a new stake in iShares Short-Term National Muni Bond ETF during the third quarter worth $82,000.

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.