iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Sees Unusually-High Trading Volume – Still a Buy?

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) saw strong trading volume on Tuesday. 644,330 shares traded hands during mid-day trading, an increase of 4% from the previous session’s volume of 618,558 shares. The stock last traded at $104.9650 and had previously closed at $104.85.

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

The firm’s fifty day moving average is $105.57 and its two-hundred day moving average is $106.09.

Institutional Investors Weigh In On iShares Short-Term National Muni Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of SUB. MassMutual Private Wealth & Trust FSB boosted its position in iShares Short-Term National Muni Bond ETF by 1.3% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 8,664 shares of the company’s stock valued at $922,000 after acquiring an additional 110 shares in the last quarter. Strategic Investment Solutions Inc. IL grew its holdings in shares of iShares Short-Term National Muni Bond ETF by 16.3% during the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 1,976 shares of the company’s stock worth $211,000 after acquiring an additional 277 shares during the period. Valley Wealth Managers Inc. bought a new position in shares of iShares Short-Term National Muni Bond ETF in the 3rd quarter worth approximately $30,000. Continuum Advisory LLC raised its position in shares of iShares Short-Term National Muni Bond ETF by 2.5% in the 2nd quarter. Continuum Advisory LLC now owns 12,188 shares of the company’s stock worth $1,298,000 after acquiring an additional 303 shares in the last quarter. Finally, Sfam LLC raised its position in shares of iShares Short-Term National Muni Bond ETF by 2.4% in the 1st quarter. Sfam LLC now owns 16,585 shares of the company’s stock worth $1,766,000 after acquiring an additional 396 shares in 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). 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.