Investors Sell iShares National Muni Bond ETF (MUB) on Strength (MUB)

Traders sold shares of iShares National Muni Bond ETF (NYSEARCA:MUB) on strength during trading on Friday. $41.09 million flowed into the stock on the tick-up and $72.69 million flowed out of the stock on the tick-down, for a money net flow of $31.60 million out of the stock. Of all equities tracked, iShares National Muni Bond ETF had the 21st highest net out-flow for the day. iShares National Muni Bond ETF traded up $0.01 for the day and closed at $108.93

The business also recently declared a monthly dividend, which was paid on Monday, December 24th. Stockholders of record on Wednesday, December 19th were given a $0.2198 dividend. This represents a $2.64 annualized dividend and a dividend yield of 2.42%. The ex-dividend date was Tuesday, December 18th.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Curbstone Financial Management Corp grew its position in iShares National Muni Bond ETF by 0.6% during the fourth quarter. Curbstone Financial Management Corp now owns 70,700 shares of the exchange traded fund’s stock worth $7,709,000 after buying an additional 450 shares in the last quarter. Founders Financial Securities LLC grew its position in iShares National Muni Bond ETF by 5.4% during the third quarter. Founders Financial Securities LLC now owns 9,176 shares of the exchange traded fund’s stock worth $990,000 after buying an additional 471 shares in the last quarter. Duncker Streett & Co. Inc. grew its position in iShares National Muni Bond ETF by 4.2% during the third quarter. Duncker Streett & Co. Inc. now owns 12,400 shares of the exchange traded fund’s stock worth $1,338,000 after buying an additional 500 shares in the last quarter. Winfield Associates Inc. grew its position in iShares National Muni Bond ETF by 15.7% during the third quarter. Winfield Associates Inc. now owns 3,675 shares of the exchange traded fund’s stock worth $397,000 after buying an additional 500 shares in the last quarter. Finally, Smart Money Group LLC grew its position in iShares National Muni Bond ETF by 12.9% during the third quarter. Smart Money Group LLC now owns 4,487 shares of the exchange traded fund’s stock worth $484,000 after buying an additional 512 shares in the last quarter.

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About iShares National Muni Bond ETF (NYSEARCA:MUB)

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).

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