Studio Investment Management LLC Cuts Holdings in iShares Short-Term National Muni Bond ETF $SUB

Studio Investment Management LLC decreased its position in shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) by 63.7% in the second quarter, HoldingsChannel reports. The firm owned 3,346 shares of the company’s stock after selling 5,882 shares during the quarter. Studio Investment Management LLC’s holdings in iShares Short-Term National Muni Bond ETF were worth $356,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Cullen Frost Bankers Inc. grew its position in shares of iShares Short-Term National Muni Bond ETF by 8.2% during the second quarter. Cullen Frost Bankers Inc. now owns 4,939 shares of the company’s stock valued at $525,000 after purchasing an additional 375 shares in the last quarter. Salomon & Ludwin LLC grew its position in shares of iShares Short-Term National Muni Bond ETF by 2.9% during the second quarter. Salomon & Ludwin LLC now owns 599,247 shares of the company’s stock valued at $63,680,000 after purchasing an additional 16,773 shares in the last quarter. Morgan Dempsey Capital Management LLC purchased a new position in shares of iShares Short-Term National Muni Bond ETF during the second quarter valued at about $221,000. Curbstone Financial Management Corp grew its position in shares of iShares Short-Term National Muni Bond ETF by 3.7% during the second quarter. Curbstone Financial Management Corp now owns 37,600 shares of the company’s stock valued at $3,998,000 after purchasing an additional 1,350 shares in the last quarter. Finally, Private Trust Co. NA grew its position in shares of iShares Short-Term National Muni Bond ETF by 167.1% during the second quarter. Private Trust Co. NA now owns 1,851 shares of the company’s stock valued at $197,000 after purchasing an additional 1,158 shares in the last quarter.

iShares Short-Term National Muni Bond ETF Stock Performance

Shares of iShares Short-Term National Muni Bond ETF stock opened at $106.50 on Thursday. The business has a 50-day moving average price of $106.88 and a 200-day moving average price of $106.25. iShares Short-Term National Muni Bond ETF has a twelve month low of $104.02 and a twelve month high of $107.32.

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).