iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Sees Unusually-High Trading Volume – Here’s Why

Shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) saw unusually-strong trading volume on Thursday . Approximately 452,434 shares changed hands during mid-day trading, an increase of 11% from the previous session’s volume of 409,175 shares.The stock last traded at $105.69 and had previously closed at $105.62.

iShares Short-Term National Muni Bond ETF Stock Performance

The company’s 50-day moving average is $105.75 and its two-hundred day moving average is $105.72.

Institutional Trading of iShares Short-Term National Muni Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Avior Wealth Management LLC lifted its holdings in shares of iShares Short-Term National Muni Bond ETF by 1,955.0% in the 3rd quarter. Avior Wealth Management LLC now owns 411 shares of the company’s stock worth $44,000 after purchasing an additional 391 shares in the last quarter. Eagle Asset Management Inc. bought a new position in iShares Short-Term National Muni Bond ETF during the 3rd quarter valued at $287,000. Icon Wealth Advisors LLC lifted its stake in iShares Short-Term National Muni Bond ETF by 65.7% during the 3rd quarter. Icon Wealth Advisors LLC now owns 8,459 shares of the company’s stock valued at $898,000 after acquiring an additional 3,353 shares in the last quarter. Captrust Financial Advisors lifted its stake in iShares Short-Term National Muni Bond ETF by 6.3% during the 3rd quarter. Captrust Financial Advisors now owns 1,212,348 shares of the company’s stock valued at $128,739,000 after acquiring an additional 72,226 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC bought a new position in iShares Short-Term National Muni Bond ETF during the 3rd quarter valued at $3,330,000.

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).