Meritage Portfolio Management Lowers Position in iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB)

Meritage Portfolio Management trimmed its position in shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) by 3.4% during the fourth quarter, Holdings Channel.com reports. The fund owned 37,383 shares of the company’s stock after selling 1,318 shares during the quarter. Meritage Portfolio Management’s holdings in iShares Short-Term National Muni Bond ETF were worth $3,943,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Confluence Wealth Services Inc. increased its position in shares of iShares Short-Term National Muni Bond ETF by 4.2% during the fourth quarter. Confluence Wealth Services Inc. now owns 18,784 shares of the company’s stock valued at $1,983,000 after acquiring an additional 749 shares during the last quarter. Princeton Global Asset Management LLC grew its position in iShares Short-Term National Muni Bond ETF by 9.2% during the fourth quarter. Princeton Global Asset Management LLC now owns 5,710 shares of the company’s stock valued at $602,000 after buying an additional 480 shares during the period. Red Tortoise LLC raised its position in iShares Short-Term National Muni Bond ETF by 29.0% in the fourth quarter. Red Tortoise LLC now owns 7,421 shares of the company’s stock worth $783,000 after acquiring an additional 1,670 shares during the period. Greenleaf Trust purchased a new position in iShares Short-Term National Muni Bond ETF in the fourth quarter valued at about $12,230,000. Finally, Fifth Third Securities Inc. grew its position in shares of iShares Short-Term National Muni Bond ETF by 6.0% during the 4th quarter. Fifth Third Securities Inc. now owns 22,543 shares of the company’s stock valued at $2,378,000 after acquiring an additional 1,275 shares during the period.

iShares Short-Term National Muni Bond ETF Stock Up 0.0 %

NYSEARCA:SUB opened at $105.82 on Wednesday. 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 is $105.55 and its 200 day moving average is $105.64.

iShares Short-Term National Muni Bond ETF Company 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).