1620 Investment Advisors Inc. Sells 816 Shares of iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB)

1620 Investment Advisors Inc. lessened its holdings in iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) by 4.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 19,260 shares of the company’s stock after selling 816 shares during the period. iShares Short-Term National Muni Bond ETF makes up about 1.5% of 1620 Investment Advisors Inc.’s investment portfolio, making the stock its 12th largest position. 1620 Investment Advisors Inc.’s holdings in iShares Short-Term National Muni Bond ETF were worth $2,032,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Sonata Capital Group Inc. lifted its stake in shares of iShares Short-Term National Muni Bond ETF by 2.0% in the 4th quarter. Sonata Capital Group Inc. now owns 5,136 shares of the company’s stock worth $542,000 after purchasing an additional 100 shares during the period. Cullen Frost Bankers Inc. lifted its stake in shares of iShares Short-Term National Muni Bond ETF by 3.0% in the 4th quarter. Cullen Frost Bankers Inc. now owns 4,564 shares of the company’s stock worth $481,000 after purchasing an additional 135 shares during the period. Pinnacle Bancorp Inc. lifted its stake in shares of iShares Short-Term National Muni Bond ETF by 0.7% in the 4th quarter. Pinnacle Bancorp Inc. now owns 21,481 shares of the company’s stock worth $2,266,000 after purchasing an additional 156 shares during the period. Avior Wealth Management LLC lifted its stake in shares of iShares Short-Term National Muni Bond ETF by 48.2% in the 4th quarter. Avior Wealth Management LLC now owns 609 shares of the company’s stock worth $64,000 after purchasing an additional 198 shares during the period. Finally, Bank of Jackson Hole Trust bought a new position in shares of iShares Short-Term National Muni Bond ETF in the 4th quarter worth approximately $29,000.

iShares Short-Term National Muni Bond ETF Stock Performance

NYSEARCA SUB opened at $105.64 on Friday. iShares Short-Term National Muni Bond ETF has a 12 month low of $103.53 and a 12 month high of $106.30. The company’s 50 day moving average is $105.75 and its two-hundred day moving average is $105.72.

About iShares Short-Term National Muni Bond ETF

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).