iShares National Muni Bond ETF (NYSEARCA:MUB) Sees Large Volume Increase – Still a Buy?

iShares National Muni Bond ETF (NYSEARCA:MUB) saw strong trading volume on Thursday . 2,004,146 shares changed hands during mid-day 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 has a 50-day simple moving average of $108.03 and a two-hundred day simple moving average of $107.23.

Institutional Investors Weigh In On iShares National Muni Bond ETF

Several institutional investors have recently added to or reduced their stakes in MUB. Argonautica Private Wealth Management Inc. raised its holdings in shares of iShares National Muni Bond ETF by 1.8% during the second quarter. Argonautica Private Wealth Management Inc. now owns 5,370 shares of the exchange traded fund’s stock valued at $572,000 after acquiring an additional 95 shares in the last quarter. Hurlow Wealth Management Group Inc. lifted its position in iShares National Muni Bond ETF by 0.8% during the third quarter. Hurlow Wealth Management Group Inc. now owns 12,320 shares of the exchange traded fund’s stock valued at $1,338,000 after buying an additional 95 shares during the period. FC Advisory LLC boosted its holdings in shares of iShares National Muni Bond ETF by 0.6% during the 2nd quarter. FC Advisory LLC now owns 15,695 shares of the exchange traded fund’s stock valued at $1,672,000 after buying an additional 96 shares in the last quarter. Auour Investments LLC grew its position in shares of iShares National Muni Bond ETF by 4.4% in the 2nd quarter. Auour Investments LLC now owns 2,340 shares of the exchange traded fund’s stock worth $249,000 after buying an additional 98 shares during the period. Finally, PrairieView Partners LLC grew its position in shares of iShares National Muni Bond ETF by 1.7% in the 1st quarter. PrairieView Partners LLC now owns 6,086 shares of the exchange traded fund’s stock worth $655,000 after buying an additional 99 shares during the period.

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).