iShares National Muni Bond ETF (NYSEARCA:MUB) Sees Large Volume Increase – Here’s What Happened

Shares of iShares National Muni Bond ETF (NYSEARCA:MUB) saw strong trading volume on Thursday . 7,841,246 shares traded hands during trading, an increase of 97% from the previous session’s volume of 3,989,848 shares.The stock last traded at $102.9250 and had previously closed at $103.48.

iShares National Muni Bond ETF Trading Up 0.4%

The company’s 50-day moving average is $105.59 and its 200-day moving average is $106.53.

Institutional Investors Weigh In On iShares National Muni Bond ETF

Large investors have recently modified their holdings of the business. Brighton Jones LLC bought a new position in iShares National Muni Bond ETF in the fourth quarter valued at about $325,000. Revolve Wealth Partners LLC boosted its stake in shares of iShares National Muni Bond ETF by 10.7% in the 4th quarter. Revolve Wealth Partners LLC now owns 124,193 shares of the exchange traded fund’s stock valued at $13,233,000 after purchasing an additional 11,989 shares in the last quarter. Bison Wealth LLC acquired a new stake in shares of iShares National Muni Bond ETF in the 4th quarter valued at approximately $516,000. AQR Capital Management LLC grew its holdings in shares of iShares National Muni Bond ETF by 21.2% during the 1st quarter. AQR Capital Management LLC now owns 13,285 shares of the exchange traded fund’s stock valued at $1,401,000 after purchasing an additional 2,322 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its holdings in shares of iShares National Muni Bond ETF by 5.7% during the 2nd quarter. Main Street Financial Solutions LLC now owns 19,303 shares of the exchange traded fund’s stock valued at $2,017,000 after purchasing an additional 1,039 shares during the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

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.