Nisa Investment Advisors LLC Reduces Holdings in iShares Short-Term National Muni Bond ETF

Nisa Investment Advisors LLC has decreased its position in the iShares Short-Term National Muni Bond ETF (NYSEARCA:SUB) by 18.6% during the third quarter, as reported in the firm's latest SEC filing. Following the sale of 31,895 shares, Nisa now holds a total of 139,545 shares in the ETF, which represents approximately 0.17% of its portfolio, valued at $14,818,000 at the conclusion of the reporting period.

In addition to Nisa, several other institutional investors and hedge funds have also adjusted their stakes in the iShares Short-Term National Muni Bond ETF. In the second quarter alone, Lynx Investment Advisory made a new investment of about $26,000, while IAG Wealth Partners LLC invested approximately $44,000 in the same period. Other significant new positions were taken by Independence Bank of Kentucky, valued at $97,000, and Ashton Thomas Private Wealth LLC, which invested around $170,000. Certified Advisory Corp increased its holdings by 23.9%, acquiring an additional 459 shares, bringing its total to 2,378 shares valued at $249,000.

Market Performance of iShares Short-Term National Muni Bond ETF

As of the most recent trading session, the iShares Short-Term National Muni Bond ETF opened at $105.53. Over the past year, the ETF reached a low of $102.86 and a high of $106.30. It has a 50-day moving average at $105.92 and a 200-day moving average of $105.16, indicating a stable performance within a narrow range.

Understanding the iShares Short-Term National Muni Bond ETF

The iShares Short-Term National Muni Bond ETF is an exchange-traded fund that aims to track the price and yield performance of the S&P Short Term National AMT-Free Municipal Bond Index. This ETF is designed for investors seeking exposure to the municipal bond sector with a focus on short-term securities.

Investment, ETFs, Bonds