iShares National Muni Bond ETF (NYSEARCA:MUB) Reaches New 52-Week High – Here’s What Happened

iShares National Muni Bond ETF (NYSEARCA:MUB) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $108.00 and last traded at $107.6950, with a volume of 891 shares changing hands. The stock had previously closed at $107.73.

iShares National Muni Bond ETF Stock Up 0.0%

The stock has a 50-day simple moving average of $107.20 and a 200 day simple moving average of $106.18.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Turning Point Benefit Group Inc. acquired a new stake in iShares National Muni Bond ETF in the 3rd quarter valued at approximately $26,000. Hollencrest Capital Management purchased a new stake in iShares National Muni Bond ETF during the second quarter worth about $26,000. Carolina Wealth Advisors LLC acquired a new position in shares of iShares National Muni Bond ETF in the fourth quarter valued at approximately $28,000. Total Investment Management Inc. purchased a new stake in iShares National Muni Bond ETF during the 2nd quarter worth approximately $33,000. Finally, Imprint Wealth LLC purchased a new stake in iShares National Muni Bond ETF during the 3rd quarter worth approximately $35,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Company Profile

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.