iShares National Muni Bond ETF (NYSEARCA:MUB – Get Free Report) reached a new 52-week low during trading on Thursday . The stock traded as low as $103.99 and last traded at $104.00, with a volume of 7629072 shares. The stock had previously closed at $104.22.
iShares National Muni Bond ETF Stock Up 0.0%
The firm’s fifty day simple moving average is $106.00 and its two-hundred day simple moving average is $106.70.
Institutional Investors Weigh In On iShares National Muni Bond ETF
Large investors have recently added to or reduced their stakes in the business. Karpus Management Inc. acquired a new position in shares of iShares National Muni Bond ETF in the fourth quarter worth $25,000. MBM Wealth Consultants LLC purchased a new position in iShares National Muni Bond ETF in the first quarter valued at $26,000. IMG Wealth Management Inc. grew its stake in iShares National Muni Bond ETF by 79.9% during the 1st quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 107 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new stake in iShares National Muni Bond ETF during the 3rd quarter worth about $26,000. Finally, Asset Dedication LLC raised its position in iShares National Muni Bond ETF by 9,833.3% in the 1st quarter. Asset Dedication LLC now owns 298 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 295 shares in the last quarter. 90.19% of the stock is owned by hedge funds and other institutional investors.
About iShares National Muni Bond ETF
iShares National AMT-Free Muni Bond ETF (the Fund), formerly iShares S&P National AMT-Free Municipal Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P National AMT-Free Municipal Bond Index (the Index). The Index measures the performance of the 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.
Further Reading
- Five stocks we like better than iShares National Muni Bond ETF
- Merchants Bancorp’s Rally Is Testing How Much Risk Investors Will Overlook
- Lululemon’s Earnings Beat Hid a Bigger Problem for Its Turnaround Story
- MarketBeat Week in Review – 08/31 – 09/04
- Revolution Medicines Got Its Breakthrough—What Moves It Next?
Receive News & Ratings for iShares National Muni Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares National Muni Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
