Foster & Motley Inc. Sells 213 Shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB)

Foster & Motley Inc. lowered its stake in shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) by 4.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,692 shares of the company’s stock after selling 213 shares during the period. Foster & Motley Inc.’s holdings in iShares Short-Term National Muni Bond ETF were worth $498,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. TIAA Trust National Association raised its stake in shares of iShares Short-Term National Muni Bond ETF by 79.5% during the 2nd quarter. TIAA Trust National Association now owns 1,823,767 shares of the company’s stock worth $190,675,000 after purchasing an additional 807,794 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of iShares Short-Term National Muni Bond ETF by 14.1% during the 1st quarter. Captrust Financial Advisors now owns 1,055,949 shares of the company’s stock worth $110,590,000 after purchasing an additional 130,803 shares in the last quarter. Salomon & Ludwin LLC raised its stake in shares of iShares Short-Term National Muni Bond ETF by 7.4% during the 3rd quarter. Salomon & Ludwin LLC now owns 549,421 shares of the company’s stock worth $58,449,000 after purchasing an additional 37,631 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in shares of iShares Short-Term National Muni Bond ETF by 43.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 171,440 shares of the company’s stock worth $17,924,000 after purchasing an additional 51,830 shares in the last quarter. Finally, Arkansas Financial Group Inc. increased its holdings in shares of iShares Short-Term National Muni Bond ETF by 3.0% during the 3rd quarter. Arkansas Financial Group Inc. now owns 161,433 shares of the company’s stock worth $17,143,000 after acquiring an additional 4,771 shares during the last quarter.

iShares Short-Term National Muni Bond ETF Price Performance

SUB stock opened at $105.22 on Friday. iShares Short-Term National Muni Bond ETF has a 1-year low of $103.53 and a 1-year high of $106.30. The business’s 50 day simple moving average is $105.86 and its 200 day simple moving average is $105.20.

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).