iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Hits New 52-Week High – Should You Buy?

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $107.26 and last traded at $107.20, with a volume of 693472 shares. The stock had previously closed at $107.14.

iShares Short-Term National Muni Bond ETF Stock Performance

The company has a fifty day moving average of $106.73 and a two-hundred day moving average of $106.03.

Institutional Trading of iShares Short-Term National Muni Bond ETF

Several hedge funds have recently added to or reduced their stakes in SUB. Brooklyn Investment Group acquired a new position in iShares Short-Term National Muni Bond ETF in the 1st quarter valued at $27,000. Arlington Trust Co LLC acquired a new position in iShares Short-Term National Muni Bond ETF in the 1st quarter valued at $29,000. Greykasell Wealth Strategies Inc. acquired a new position in iShares Short-Term National Muni Bond ETF in the 1st quarter valued at $30,000. Hughes Financial Services LLC acquired a new position in iShares Short-Term National Muni Bond ETF in the 1st quarter valued at $47,000. Finally, Gen Wealth Partners Inc raised its holdings in iShares Short-Term National Muni Bond ETF by 27.1% in the 1st quarter. Gen Wealth Partners Inc now owns 737 shares of the company’s stock valued at $78,000 after acquiring an additional 157 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).