Flagstone Financial Management Raises Position in iShares National Muni Bond ETF $MUB

Flagstone Financial Management grew its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 59.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,737 shares of the exchange traded fund’s stock after acquiring an additional 11,129 shares during the period. iShares National Muni Bond ETF comprises approximately 0.8% of Flagstone Financial Management’s portfolio, making the stock its 16th largest position. Flagstone Financial Management’s holdings in iShares National Muni Bond ETF were worth $3,167,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of MUB. Hollencrest Capital Management acquired a new position in iShares National Muni Bond ETF during the 2nd quarter worth $26,000. Total Investment Management Inc. acquired a new stake in iShares National Muni Bond ETF in the 2nd quarter valued at about $33,000. Inlight Wealth Management LLC purchased a new position in shares of iShares National Muni Bond ETF in the 3rd quarter valued at about $37,000. Harbor Asset Planning Inc. acquired a new position in shares of iShares National Muni Bond ETF during the second quarter worth about $43,000. Finally, Evolution Wealth Management Inc. acquired a new position in shares of iShares National Muni Bond ETF during the second quarter worth about $44,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

MUB stock opened at $107.66 on Tuesday. The company’s 50 day moving average price is $107.19 and its 200 day moving average price is $106.16. iShares National Muni Bond ETF has a fifty-two week low of $100.29 and a fifty-two week high of $107.85.

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.