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

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) shares saw unusually-strong trading volume on Wednesday . Approximately 2,880,973 shares were traded during trading, an increase of 549% from the previous session’s volume of 443,721 shares.The stock last traded at $105.22 and had previously closed at $105.12.

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

The business’s fifty day simple moving average is $105.62 and its 200 day simple moving average is $105.62.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Bank of Jackson Hole Trust acquired a new position in iShares Short-Term National Muni Bond ETF during the fourth quarter worth about $29,000. AdvisorNet Financial Inc acquired a new position in shares of iShares Short-Term National Muni Bond ETF in the 4th quarter valued at about $44,000. Avior Wealth Management LLC boosted its holdings in shares of iShares Short-Term National Muni Bond ETF by 48.2% during the fourth quarter. Avior Wealth Management LLC now owns 609 shares of the company’s stock worth $64,000 after purchasing an additional 198 shares during the period. Independence Bank of Kentucky grew its position in iShares Short-Term National Muni Bond ETF by 45.0% during the first quarter. Independence Bank of Kentucky now owns 1,417 shares of the company’s stock valued at $150,000 after purchasing an additional 440 shares in the last quarter. Finally, Collier Financial acquired a new position in iShares Short-Term National Muni Bond ETF in the 4th quarter valued at approximately $199,000.

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).