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

Shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) saw unusually-high trading volume on Monday . Approximately 1,422,525 shares were traded during trading, an increase of 207% from the previous session’s volume of 463,156 shares.The stock last traded at $105.79 and had previously closed at $105.75.

iShares Short-Term National Muni Bond ETF Price Performance

The company’s 50-day moving average is $105.73 and its 200 day moving average is $105.73.

Hedge Funds Weigh In On iShares Short-Term National Muni Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Bank of Jackson Hole Trust acquired a new position in iShares Short-Term National Muni Bond ETF in the fourth quarter valued at about $29,000. Avior Wealth Management LLC raised its position in shares of iShares Short-Term National Muni Bond ETF by 1,955.0% during the 3rd quarter. Avior Wealth Management LLC now owns 411 shares of the company’s stock worth $44,000 after acquiring an additional 391 shares in the last quarter. AdvisorNet Financial Inc purchased a new stake in shares of iShares Short-Term National Muni Bond ETF during the 4th quarter worth approximately $44,000. Transcendent Capital Group LLC boosted its stake in iShares Short-Term National Muni Bond ETF by 17.4% in the third quarter. Transcendent Capital Group LLC now owns 687 shares of the company’s stock valued at $73,000 after acquiring an additional 102 shares in the last quarter. Finally, Collier Financial acquired a new position in shares of iShares Short-Term National Muni Bond ETF in the 4th quarter valued at $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).