iShares National Muni Bond ETF (NYSEARCA:MUB) Reaches New 1-Year Low – Should You Sell?

Shares of iShares National Muni Bond ETF (NYSEARCA:MUB) reached a new 52-week low on Monday . The stock traded as low as $104.22 and last traded at $104.48, with a volume of 3216109 shares traded. The stock had previously closed at $105.74.

iShares National Muni Bond ETF Trading Up 0.9 %

The stock has a fifty day moving average price of $106.13 and a two-hundred day moving average price of $106.84.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Integrity Financial Corp WA bought a new stake in iShares National Muni Bond ETF during the fourth quarter worth about $25,000. Advantage Trust Co acquired a new position in shares of iShares National Muni Bond ETF in the 4th quarter valued at approximately $26,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of iShares National Muni Bond ETF during the 4th quarter worth approximately $26,000. National Bank of Canada FI boosted its position in shares of iShares National Muni Bond ETF by 346.7% during the 4th quarter. National Bank of Canada FI now owns 268 shares of the exchange traded fund’s stock worth $29,000 after acquiring an additional 208 shares in the last quarter. Finally, New Millennium Group LLC increased its stake in iShares National Muni Bond ETF by 103.5% in the fourth quarter. New Millennium Group LLC now owns 291 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 148 shares during 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).