iShares National Muni Bond ETF (NYSEARCA:MUB) Sees Strong Trading Volume – What’s Next?

iShares National Muni Bond ETF (NYSEARCA:MUB) shares saw unusually-high trading volume on Thursday . Approximately 2,004,146 shares were traded during trading, a decline of 40% from the previous session’s volume of 3,359,084 shares.The stock last traded at $106.70 and had previously closed at $106.64.

iShares National Muni Bond ETF Price Performance

The company’s 50-day moving average is $108.06 and its 200 day moving average is $107.23.

Institutional Investors Weigh In On iShares National Muni Bond ETF

A number of institutional investors have recently bought and sold shares of the business. Global Assets Advisory LLC acquired a new stake in iShares National Muni Bond ETF during the first quarter valued at $2,418,000. Brookstone Capital Management increased its holdings in iShares National Muni Bond ETF by 10.0% in the first quarter. Brookstone Capital Management now owns 74,816 shares of the exchange traded fund’s stock worth $8,050,000 after buying an additional 6,805 shares during the last quarter. Future Financial Wealth Managment LLC acquired a new position in iShares National Muni Bond ETF in the first quarter worth approximately $65,000. Wealth Enhancement Advisory Services LLC lifted its stake in iShares National Muni Bond ETF by 12.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 651,629 shares of the exchange traded fund’s stock valued at $70,115,000 after acquiring an additional 73,249 shares during the last quarter. Finally, Dohj LLC grew its position in iShares National Muni Bond ETF by 21.3% in the first quarter. Dohj LLC now owns 251,794 shares of the exchange traded fund’s stock worth $27,093,000 after acquiring an additional 44,154 shares in the last quarter.

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).