iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Sets New 1-Year Low – Here’s What Happened

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

iShares Short-Term National Muni Bond ETF Stock Performance

The stock has a 50 day moving average price of $106.33 and a two-hundred day moving average price of $106.67.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. bought a new stake in shares of iShares Short-Term National Muni Bond ETF in the fourth quarter valued at about $25,000. Rothschild Investment LLC grew its position in shares of iShares Short-Term National Muni Bond ETF by 13,400.0% during the 4th quarter. Rothschild Investment LLC now owns 405 shares of the company’s stock worth $43,000 after purchasing an additional 402 shares in the last quarter. Monetary Solutions Ltd bought a new stake in shares of iShares Short-Term National Muni Bond ETF in the fourth quarter valued at approximately $54,000. Field & Main Bank boosted its stake in shares of iShares Short-Term National Muni Bond ETF by 18.4% in the fourth quarter. Field & Main Bank now owns 651 shares of the company’s stock valued at $69,000 after buying an additional 101 shares during the period. Finally, WFA of San Diego LLC acquired a new stake in iShares Short-Term National Muni Bond ETF during the second quarter worth approximately $95,000.

About iShares Short-Term National Muni Bond ETF

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.