iShares National Muni Bond ETF (NYSEARCA:MUB) Share Price Pass Below Two Hundred Day Moving Average – Should You Sell?

iShares National Muni Bond ETF (NYSEARCA:MUB) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $106.86 and traded as low as $105.41. iShares National Muni Bond ETF shares last traded at $105.45, with a volume of 2,449,294 shares trading hands.

iShares National Muni Bond ETF Stock Down 0.2%

The firm’s fifty day moving average price is $106.35 and its 200 day moving average price is $106.84.

Institutional Investors Weigh In On iShares National Muni Bond ETF

Several hedge funds have recently added to or reduced their stakes in MUB. Karpus Management Inc. acquired a new position in shares of iShares National Muni Bond ETF in the 4th quarter valued at about $25,000. MBM Wealth Consultants LLC acquired a new stake in iShares National Muni Bond ETF during the first quarter worth about $26,000. IMG Wealth Management Inc. raised its position in iShares National Muni Bond ETF by 79.9% during the first quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 107 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new position in iShares National Muni Bond ETF during the third quarter valued at approximately $26,000. Finally, Asset Dedication LLC raised its position in iShares National Muni Bond ETF by 9,833.3% during the first quarter. Asset Dedication LLC now owns 298 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 295 shares in the last quarter. 90.19% of the stock is owned by hedge funds and other institutional investors.

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.