Salomon & Ludwin LLC Has $70.85 Million Stock Holdings in iShares Short-Term National Muni Bond ETF $SUB

Salomon & Ludwin LLC raised its position in shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) by 4.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 663,262 shares of the company’s stock after purchasing an additional 27,347 shares during the period. iShares Short-Term National Muni Bond ETF comprises 6.3% of Salomon & Ludwin LLC’s portfolio, making the stock its 2nd biggest position. Salomon & Ludwin LLC owned 0.66% of iShares Short-Term National Muni Bond ETF worth $70,851,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Field & Main Bank bought a new stake in iShares Short-Term National Muni Bond ETF during the 3rd quarter valued at $59,000. Collier Financial bought a new stake in iShares Short-Term National Muni Bond ETF during the 3rd quarter valued at $82,000. WFA of San Diego LLC bought a new stake in iShares Short-Term National Muni Bond ETF during the 2nd quarter valued at $95,000. Fiduciary Alliance LLC bought a new stake in iShares Short-Term National Muni Bond ETF during the 4th quarter valued at $216,000. Finally, Western Wealth Management LLC bought a new stake in iShares Short-Term National Muni Bond ETF during the 3rd quarter valued at $217,000.

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

Shares of NYSEARCA SUB opened at $106.68 on Wednesday. The business has a fifty day simple moving average of $106.86 and a two-hundred day simple moving average of $106.77. iShares Short-Term National Muni Bond ETF has a twelve month low of $104.93 and a twelve month high of $107.51.

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.