Morton Brown Family Wealth LLC Trims Holdings in iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB)

Morton Brown Family Wealth LLC lessened its holdings in iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) by 8.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 59,518 shares of the company’s stock after selling 5,225 shares during the quarter. iShares Short-Term National Muni Bond ETF comprises about 2.2% of Morton Brown Family Wealth LLC’s portfolio, making the stock its 13th largest holding. Morton Brown Family Wealth LLC’s holdings in iShares Short-Term National Muni Bond ETF were worth $6,278,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SUB. JPMorgan Chase & Co. grew its stake in shares of iShares Short-Term National Muni Bond ETF by 0.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 607,611 shares of the company’s stock valued at $64,522,000 after purchasing an additional 5,248 shares during the period. AdvisorNet Financial Inc purchased a new position in iShares Short-Term National Muni Bond ETF during the fourth quarter valued at $44,000. Salomon & Ludwin LLC grew its position in shares of iShares Short-Term National Muni Bond ETF by 7.4% during the third quarter. Salomon & Ludwin LLC now owns 549,421 shares of the company’s stock valued at $58,449,000 after purchasing an additional 37,631 shares in the last quarter. Captrust Financial Advisors grew its holdings in iShares Short-Term National Muni Bond ETF by 6.3% during the 3rd quarter. Captrust Financial Advisors now owns 1,212,348 shares of the company’s stock valued at $128,739,000 after buying an additional 72,226 shares in the last quarter. Finally, Graypoint LLC boosted its position in shares of iShares Short-Term National Muni Bond ETF by 80.0% during the 3rd quarter. Graypoint LLC now owns 5,332 shares of the company’s stock valued at $566,000 after acquiring an additional 2,370 shares during the last quarter.

iShares Short-Term National Muni Bond ETF Stock Performance

Shares of NYSEARCA SUB opened at $105.87 on Tuesday. iShares Short-Term National Muni Bond ETF has a 12-month low of $103.53 and a 12-month high of $106.30. The firm’s 50-day moving average price is $105.58 and its 200-day moving average price is $105.69.

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).