Exchange Capital Management Inc. Sells 5,231 Shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB)

Exchange Capital Management Inc. trimmed its position in shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) by 29.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 12,300 shares of the company’s stock after selling 5,231 shares during the quarter. Exchange Capital Management Inc.’s holdings in iShares Short-Term National Muni Bond ETF were worth $1,297,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Captrust Financial Advisors lifted its position in iShares Short-Term National Muni Bond ETF by 6.3% in the 3rd quarter. Captrust Financial Advisors now owns 1,212,348 shares of the company’s stock valued at $128,739,000 after acquiring an additional 72,226 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of iShares Short-Term National Muni Bond ETF by 0.9% during the third quarter. JPMorgan Chase & Co. now owns 607,611 shares of the company’s stock worth $64,522,000 after acquiring an additional 5,248 shares during the period. Salomon & Ludwin LLC increased its holdings in shares of iShares Short-Term National Muni Bond ETF by 1.9% in the 4th quarter. Salomon & Ludwin LLC now owns 559,642 shares of the company’s stock valued at $59,031,000 after acquiring an additional 10,221 shares during the period. DGS Capital Management LLC boosted its holdings in iShares Short-Term National Muni Bond ETF by 4.6% in the third quarter. DGS Capital Management LLC now owns 292,461 shares of the company’s stock worth $31,056,000 after acquiring an additional 12,895 shares in the last quarter. Finally, Arkansas Financial Group Inc. increased its holdings in iShares Short-Term National Muni Bond ETF by 3.3% in the 4th quarter. Arkansas Financial Group Inc. now owns 166,816 shares of the company’s stock worth $17,596,000 after buying an additional 5,383 shares during the period.

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

Shares of iShares Short-Term National Muni Bond ETF stock opened at $106.04 on Tuesday. iShares Short-Term National Muni Bond ETF has a twelve month low of $103.53 and a twelve month high of $106.30. The firm’s 50-day moving average price is $105.60 and its 200 day moving average price is $105.70.

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).