John A. Wolfe & Associates Inc. Invests $51.95 Million in iShares Short-Term National Muni Bond ETF $SUB

John A. Wolfe & Associates Inc. bought a new position in shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) in the 4th quarter, HoldingsChannel.com reports. The firm bought 486,884 shares of the company’s stock, valued at approximately $51,951,000. iShares Short-Term National Muni Bond ETF accounts for about 21.9% of John A. Wolfe & Associates Inc.’s portfolio, making the stock its 2nd biggest position.

Several other institutional investors have also recently added to or reduced their stakes in SUB. Field & Main Bank boosted its holdings in iShares Short-Term National Muni Bond ETF by 18.4% in the fourth quarter. Field & Main Bank now owns 651 shares of the company’s stock valued at $69,000 after purchasing an additional 101 shares in the last quarter. CoreCap Advisors LLC raised its holdings in iShares Short-Term National Muni Bond ETF by 2.8% during the fourth quarter. CoreCap Advisors LLC now owns 5,066 shares of the company’s stock worth $541,000 after purchasing an additional 136 shares in the last quarter. Synergy Investment Management LLC raised its holdings in iShares Short-Term National Muni Bond ETF by 3.0% during the fourth quarter. Synergy Investment Management LLC now owns 5,332 shares of the company’s stock worth $569,000 after purchasing an additional 155 shares in the last quarter. C M Bidwell & Associates Ltd. lifted its position in shares of iShares Short-Term National Muni Bond ETF by 2.2% during the 4th quarter. C M Bidwell & Associates Ltd. now owns 9,262 shares of the company’s stock worth $988,000 after buying an additional 203 shares during the last quarter. Finally, Brown Brothers Harriman & Co. purchased a new stake in shares of iShares Short-Term National Muni Bond ETF during the 4th quarter worth approximately $25,000.

iShares Short-Term National Muni Bond ETF Stock Performance

Shares of iShares Short-Term National Muni Bond ETF stock opened at $106.56 on Friday. The company has a fifty day simple moving average of $106.45 and a 200-day simple moving average of $106.73. iShares Short-Term National Muni Bond ETF has a 12-month low of $106.04 and a 12-month high of $107.51.

iShares Short-Term National Muni Bond ETF 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.