Root Financial Partners LLC Purchases 16,912 Shares of iShares Short-Term National Muni Bond ETF $SUB

Root Financial Partners LLC boosted its position in iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) by 281.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 22,916 shares of the company’s stock after buying an additional 16,912 shares during the quarter. Root Financial Partners LLC’s holdings in iShares Short-Term National Muni Bond ETF were worth $2,447,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its holdings in iShares Short-Term National Muni Bond ETF by 20.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,197,326 shares of the company’s stock worth $552,684,000 after purchasing an additional 870,595 shares during the last quarter. Nisa Investment Advisors LLC grew its position in shares of iShares Short-Term National Muni Bond ETF by 220.5% during the 3rd quarter. Nisa Investment Advisors LLC now owns 642,650 shares of the company’s stock worth $68,622,000 after buying an additional 442,145 shares during the period. Crestwood Advisors Group LLC grew its position in shares of iShares Short-Term National Muni Bond ETF by 730.8% during the 2nd quarter. Crestwood Advisors Group LLC now owns 397,823 shares of the company’s stock worth $42,304,000 after buying an additional 349,936 shares during the period. TIAA Trust National Association raised its stake in shares of iShares Short-Term National Muni Bond ETF by 9.0% during the second quarter. TIAA Trust National Association now owns 3,412,277 shares of the company’s stock worth $362,861,000 after buying an additional 281,169 shares during the last quarter. Finally, City of London Investment Management Co. Ltd. acquired a new position in iShares Short-Term National Muni Bond ETF in the second quarter valued at approximately $13,857,000.

iShares Short-Term National Muni Bond ETF Stock Down 0.1%

Shares of SUB stock opened at $107.15 on Tuesday. The firm’s 50 day moving average price is $106.69 and its two-hundred day moving average price is $106.71. iShares Short-Term National Muni Bond ETF has a 52-week low of $104.02 and a 52-week high of $107.32.

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.