iShares Short-Term National Muni Bond ETF $SUB Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lowered its stake in shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) by 3.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 5,146,635 shares of the company’s stock after selling 163,072 shares during the quarter. Bank of New York Mellon Corp owned 0.05% of iShares Short-Term National Muni Bond ETF worth $549,146,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Allstate Corp boosted its stake 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 buying an additional 1,500,244 shares during the last quarter. Captrust Financial Advisors boosted its stake 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 buying an additional 98,544 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in iShares Short-Term National Muni Bond ETF by 3.0% during the third 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. Nisa Investment Advisors LLC boosted its stake in iShares Short-Term National Muni Bond ETF by 5.0% during the fourth quarter. Nisa Investment Advisors LLC now owns 674,815 shares of the company’s stock worth $72,003,000 after buying an additional 32,165 shares during the last quarter. Finally, Salomon & Ludwin LLC boosted its stake in iShares Short-Term National Muni Bond ETF by 4.3% during the fourth quarter. Salomon & Ludwin LLC now owns 663,262 shares of the company’s stock worth $70,851,000 after buying an additional 27,347 shares during the last quarter.

iShares Short-Term National Muni Bond ETF Price Performance

NYSEARCA SUB opened at $106.41 on Thursday. The stock’s fifty day moving average is $106.44 and its two-hundred day moving average is $106.74. iShares Short-Term National Muni Bond ETF has a fifty-two week low of $105.78 and a fifty-two week high of $107.51.

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.