iShares Short-Term National Muni Bond ETF Sees Notable Inflow
In recent observations of week-over-week changes among ETFs, the iShares Short-Term National Muni Bond ETF (Symbol: SUB) stands out. The fund has experienced an inflow of approximately $305.1 million, representing a 3.5% increase in outstanding units, which grew from 82,700,000 to 85,600,000.
The accompanying chart illustrates the one-year price performance of SUB against its 200-day moving average:
According to the chart, SUB reached a low of $103.97 and a high of $106.30 over the past 52 weeks, with the most recent trading price at $105.21. Comparing the latest share price to the 200-day moving average can provide insights for technical analysis—learn more about the 200-day moving average here.
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Exchange-traded funds (ETFs) operate similarly to stocks; however, investors buy and sell “units” instead of shares. These units can be traded like stocks but can also be created or destroyed based on investor demand. Each week, we track the changes in shares outstanding to identify ETFs with significant inflows or outflows. The creation of new units necessitates purchasing the underlying assets, while the destruction of units involves selling those assets, which can affect the individual components within the ETF.
Click here to discover which 9 other ETFs have seen notable inflows »
Also see:
- Stocks Crossing Below Their 200-Day Moving Average
- SLYG Historical Stock Prices
- BEST Shares Outstanding History
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
