iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Sees Unusually-High Trading Volume – Here’s Why

Shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) saw strong trading volume on Thursday . 452,434 shares changed hands during trading, an increase of 11% from the previous session’s volume of 409,175 shares.The stock last traded at $105.69 and had previously closed at $105.62.

iShares Short-Term National Muni Bond ETF Stock Performance

The firm’s 50 day moving average is $105.75 and its two-hundred day moving average is $105.72.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SUB. Sonata Capital Group Inc. increased its holdings in iShares Short-Term National Muni Bond ETF by 2.0% during the fourth quarter. Sonata Capital Group Inc. now owns 5,136 shares of the company’s stock worth $542,000 after buying an additional 100 shares during the last quarter. Cullen Frost Bankers Inc. increased its holdings in shares of iShares Short-Term National Muni Bond ETF by 3.0% in the fourth quarter. Cullen Frost Bankers Inc. now owns 4,564 shares of the company’s stock valued at $481,000 after purchasing an additional 135 shares during the last quarter. Pinnacle Bancorp Inc. boosted its position in shares of iShares Short-Term National Muni Bond ETF by 0.7% in the fourth quarter. Pinnacle Bancorp Inc. now owns 21,481 shares of the company’s stock valued at $2,266,000 after acquiring an additional 156 shares during the period. Avior Wealth Management LLC boosted its position in shares of iShares Short-Term National Muni Bond ETF by 48.2% in the fourth quarter. Avior Wealth Management LLC now owns 609 shares of the company’s stock valued at $64,000 after acquiring an additional 198 shares during the period. Finally, Bank of Jackson Hole Trust bought a new stake in shares of iShares Short-Term National Muni Bond ETF in the fourth quarter valued at about $29,000.

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).