Hughes Financial Services LLC Makes New $8.11 Million Investment in iShares Short-Term National Muni Bond ETF $SUB

Hughes Financial Services LLC bought a new position in shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 76,506 shares of the company’s stock, valued at approximately $8,112,000. iShares Short-Term National Muni Bond ETF comprises approximately 1.0% of Hughes Financial Services LLC’s investment portfolio, making the stock its 15th biggest position. Hughes Financial Services LLC owned approximately 0.06% of iShares Short-Term National Muni Bond ETF at the end of the most recent quarter.

A number of other large investors have also modified their holdings of SUB. Valley Wealth Managers Inc. purchased a new position in shares of iShares Short-Term National Muni Bond ETF in the third quarter worth about $30,000. Farmers & Merchants Investments Inc. acquired a new position in iShares Short-Term National Muni Bond ETF during the third quarter worth about $99,000. NBH Bank acquired a new position in iShares Short-Term National Muni Bond ETF during the second quarter worth about $104,000. Oakworth Capital Inc. acquired a new position in iShares Short-Term National Muni Bond ETF during the third quarter worth about $116,000. Finally, Miller Global Investments LLC purchased a new stake in iShares Short-Term National Muni Bond ETF during the 3rd quarter valued at about $122,000.

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

Shares of NYSEARCA SUB opened at $105.93 on Wednesday. iShares Short-Term National Muni Bond ETF has a 12-month low of $104.05 and a 12-month high of $107.51. The company has a 50-day moving average of $105.37 and a 200 day moving average of $106.29.

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.