Bank of New York Mellon Corp Cuts Stock Position in iShares Short-Term National Muni Bond ETF $SUB

Bank of New York Mellon Corp cut its holdings in iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) by 3.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,146,635 shares of the company’s stock after selling 163,072 shares during the quarter. Bank of New York Mellon Corp owned 5.13% of iShares Short-Term National Muni Bond ETF worth $549,146,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Rothschild Investment LLC increased its position in shares of iShares Short-Term National Muni Bond ETF by 13,400.0% in the fourth quarter. Rothschild Investment LLC now owns 405 shares of the company’s stock valued at $43,000 after buying an additional 402 shares in the last quarter. Field & Main Bank increased its position in shares of iShares Short-Term National Muni Bond ETF by 18.4% in the fourth quarter. Field & Main Bank now owns 651 shares of the company’s stock valued at $69,000 after buying an additional 101 shares in the last quarter. Collier Financial purchased a new stake in shares of iShares Short-Term National Muni Bond ETF in the third quarter valued at approximately $82,000. WFA of San Diego LLC purchased a new stake in shares of iShares Short-Term National Muni Bond ETF in the second quarter valued at approximately $95,000. Finally, Fiduciary Alliance LLC purchased a new stake in shares of iShares Short-Term National Muni Bond ETF in the fourth quarter valued at approximately $216,000.

iShares Short-Term National Muni Bond ETF Stock Performance

iShares Short-Term National Muni Bond ETF stock opened at $106.41 on Thursday. iShares Short-Term National Muni Bond ETF has a 12 month low of $105.78 and a 12 month high of $107.51. The business has a 50 day simple moving average of $106.44 and a 200-day simple moving average of $106.74.

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.