Salomon & Ludwin LLC Purchases 12,712 Shares of iShares Short-Term National Muni Bond ETF $SUB

Salomon & Ludwin LLC increased its position in iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) by 1.7% during the third quarter, Holdings Channel reports. The firm owned 739,423 shares of the company’s stock after buying an additional 12,712 shares during the quarter. iShares Short-Term National Muni Bond ETF makes up approximately 6.4% of Salomon & Ludwin LLC’s portfolio, making the stock its 3rd largest holding. Salomon & Ludwin LLC’s holdings in iShares Short-Term National Muni Bond ETF were worth $77,299,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of SUB. Nisa Investment Advisors LLC bought a new position in iShares Short-Term National Muni Bond ETF during the third quarter worth about $71,149,000. CX Institutional increased its position in iShares Short-Term National Muni Bond ETF by 398.2% during the third quarter. CX Institutional now owns 599,280 shares of the company’s stock worth $62,649,000 after buying an additional 478,996 shares during the last quarter. GAMMA Investing LLC raised its stake in iShares Short-Term National Muni Bond ETF by 4.0% in the third quarter. GAMMA Investing LLC now owns 230,745 shares of the company’s stock valued at $24,122,000 after buying an additional 8,896 shares during the period. Prime Capital Investment Advisors LLC raised its stake in iShares Short-Term National Muni Bond ETF by 26.5% in the third quarter. Prime Capital Investment Advisors LLC now owns 190,422 shares of the company’s stock valued at $19,907,000 after buying an additional 39,857 shares during the period. Finally, Root Financial Partners LLC lifted its position in shares of iShares Short-Term National Muni Bond ETF by 40.8% in the third quarter. Root Financial Partners LLC now owns 65,537 shares of the company’s stock valued at $6,851,000 after buying an additional 19,006 shares during the last quarter.

iShares Short-Term National Muni Bond ETF Price Performance

SUB opened at $106.06 on Monday. iShares Short-Term National Muni Bond ETF has a 12-month low of $104.05 and a 12-month high of $107.51. The business has a 50 day moving average of $105.39 and a 200-day moving average of $106.30.

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.