iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Sets New 1-Year Low – Time to Sell?

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as $105.40 and last traded at $105.4050, with a volume of 43859 shares traded. The stock had previously closed at $105.47.

iShares Short-Term National Muni Bond ETF Stock Performance

The company’s 50 day moving average price is $106.08 and its 200-day moving average price is $106.37.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Compass Financial Management LLC bought a new stake in shares of iShares Short-Term National Muni Bond ETF in the 2nd quarter valued at about $126,000. NBH Bank bought a new position in shares of iShares Short-Term National Muni Bond ETF during the second quarter worth about $104,000. Rogco LP lifted its stake in shares of iShares Short-Term National Muni Bond ETF by 1.4% in the second quarter. Rogco LP now owns 30,390 shares of the company’s stock worth $3,236,000 after acquiring an additional 421 shares during the period. Continuum Advisory LLC lifted its stake in shares of iShares Short-Term National Muni Bond ETF by 2.5% in the second quarter. Continuum Advisory LLC now owns 12,188 shares of the company’s stock worth $1,298,000 after acquiring an additional 303 shares during the period. Finally, Trust Co. of Vermont bought a new stake in iShares Short-Term National Muni Bond ETF in the second quarter valued at approximately $366,000.

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.