Patriot Wealth Management Inc. Cuts Stake in iShares Short-Term National Muni Bond ETF (SUB)

Patriot Wealth Management Inc. lessened its stake in iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) by 2.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,655 shares of the company’s stock after selling 955 shares during the quarter. Patriot Wealth Management Inc. owned about 0.24% of iShares Short-Term National Muni Bond ETF worth $4,153,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. US Bancorp DE grew its holdings in shares of iShares Short-Term National Muni Bond ETF by 22.9% during the second quarter. US Bancorp DE now owns 581,382 shares of the company’s stock worth $61,056,000 after purchasing an additional 108,209 shares during the last quarter. LPL Financial LLC lifted its stake in iShares Short-Term National Muni Bond ETF by 25.5% in the first quarter. LPL Financial LLC now owns 126,509 shares of the company’s stock valued at $13,268,000 after buying an additional 25,740 shares during the period. Legacy Private Trust Co. lifted its stake in iShares Short-Term National Muni Bond ETF by 74.3% in the second quarter. Legacy Private Trust Co. now owns 30,469 shares of the company’s stock valued at $3,200,000 after buying an additional 12,992 shares during the period. NEXT Financial Group Inc acquired a new position in iShares Short-Term National Muni Bond ETF in the first quarter valued at approximately $1,080,000. Finally, Horan Capital Advisors LLC. acquired a new position in iShares Short-Term National Muni Bond ETF in the second quarter valued at approximately $1,050,000.

Shares of SUB opened at $104.32 on Wednesday. iShares Short-Term National Muni Bond ETF has a 52-week low of $104.25 and a 52-week high of $105.71.

The company also recently announced a monthly dividend, which will be paid on Wednesday, November 7th. Stockholders of record on Friday, November 2nd will be given a dividend of $0.1417 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 1.63%. This is a positive change from iShares Short-Term National Muni Bond ETF’s previous monthly dividend of $0.13. The ex-dividend date is Thursday, November 1st.

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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).

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Institutional Ownership by Quarter for iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB)

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