iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) Sees Large Volume Increase – What’s Next?

iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) shares saw unusually-high trading volume on Monday . Approximately 1,422,525 shares traded hands during mid-day 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 Trading Up 0.0 %

The firm has a fifty day simple moving average of $105.73 and a 200-day simple moving average of $105.73.

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

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