iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Sees Large Volume Increase – Time to Buy?

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) shares saw an uptick in trading volume on Thursday. 857,828 shares traded hands during trading, an increase of 31% from the previous session’s volume of 653,096 shares. The stock last traded at $105.6850 and had previously closed at $105.41.

iShares Short-Term National Muni Bond ETF Stock Up 0.0%

The stock has a 50 day moving average price of $105.41 and a 200 day moving average price of $106.02.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Nisa Investment Advisors LLC bought a new stake in shares of iShares Short-Term National Muni Bond ETF in the 3rd quarter worth approximately $71,149,000. CX Institutional lifted its stake in iShares Short-Term National Muni Bond ETF by 398.2% during the third quarter. CX Institutional now owns 599,280 shares of the company’s stock valued at $62,649,000 after purchasing an additional 478,996 shares during the last quarter. GAMMA Investing LLC boosted its holdings in iShares Short-Term National Muni Bond ETF by 4.0% during the third quarter. GAMMA Investing LLC now owns 230,745 shares of the company’s stock worth $24,122,000 after buying an additional 8,896 shares in the last quarter. Prime Capital Investment Advisors LLC boosted its holdings in iShares Short-Term National Muni Bond ETF by 26.5% during the third quarter. Prime Capital Investment Advisors LLC now owns 190,422 shares of the company’s stock worth $19,907,000 after buying an additional 39,857 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in iShares Short-Term National Muni Bond ETF by 10.2% during the first quarter. Janney Montgomery Scott LLC now owns 122,001 shares of the company’s stock worth $12,993,000 after buying an additional 11,319 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.