iShares National Muni Bond ETF (MUB) Hits New 1-Year High at $112.50

iShares National Muni Bond ETF (NYSEARCA:MUB)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $112.50 and last traded at $112.47, with a volume of 209883 shares traded. The stock had previously closed at $112.36.

The business also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were given a $0.2345 dividend. This represents a $2.81 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date was Wednesday, May 1st.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MUB. Crewe Advisors LLC increased its position in shares of iShares National Muni Bond ETF by 1.8% during the 1st quarter. Crewe Advisors LLC now owns 5,133 shares of the exchange traded fund’s stock valued at $571,000 after purchasing an additional 92 shares during the last quarter. Gryphon Financial Partners LLC increased its position in shares of iShares National Muni Bond ETF by 0.8% during the 4th quarter. Gryphon Financial Partners LLC now owns 11,392 shares of the exchange traded fund’s stock valued at $1,242,000 after purchasing an additional 96 shares during the last quarter. Vista Investment Management increased its position in shares of iShares National Muni Bond ETF by 3.4% during the 1st quarter. Vista Investment Management now owns 3,045 shares of the exchange traded fund’s stock valued at $339,000 after purchasing an additional 100 shares during the last quarter. M Holdings Securities Inc. increased its position in shares of iShares National Muni Bond ETF by 1.7% during the 4th quarter. M Holdings Securities Inc. now owns 6,435 shares of the exchange traded fund’s stock valued at $702,000 after purchasing an additional 110 shares during the last quarter. Finally, Jacobson & Schmitt Advisors LLC increased its position in shares of iShares National Muni Bond ETF by 0.5% during the 1st quarter. Jacobson & Schmitt Advisors LLC now owns 22,008 shares of the exchange traded fund’s stock valued at $2,447,000 after purchasing an additional 110 shares during the last quarter.

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iShares National Muni Bond ETF Company Profile (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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