Arkansas Financial Group Inc. lowered its stake in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 21.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,234 shares of the exchange traded fund’s stock after selling 12,960 shares during the period. Arkansas Financial Group Inc.’s holdings in iShares National Muni Bond ETF were worth $4,952,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of the stock. Diversified Enterprises LLC increased its holdings in shares of iShares National Muni Bond ETF by 16.5% in the fourth quarter. Diversified Enterprises LLC now owns 107,220 shares of the exchange traded fund’s stock valued at $11,484,000 after purchasing an additional 15,221 shares during the period. Mountain Capital Investment Advisors Inc. acquired a new position in shares of iShares National Muni Bond ETF in the fourth quarter valued at approximately $366,000. Aspen Wealth Strategies LLC increased its holdings in shares of iShares National Muni Bond ETF by 12.9% in the fourth quarter. Aspen Wealth Strategies LLC now owns 5,899 shares of the exchange traded fund’s stock valued at $632,000 after purchasing an additional 673 shares during the period. Spectrum Investment Advisors Inc. increased its holdings in shares of iShares National Muni Bond ETF by 2.6% in the fourth quarter. Spectrum Investment Advisors Inc. now owns 8,585 shares of the exchange traded fund’s stock valued at $920,000 after purchasing an additional 216 shares during the period. Finally, WPG Advisers LLC increased its holdings in shares of iShares National Muni Bond ETF by 6.4% in the fourth quarter. WPG Advisers LLC now owns 4,865 shares of the exchange traded fund’s stock valued at $521,000 after purchasing an additional 291 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.
iShares National Muni Bond ETF Trading Up 0.0%
NYSEARCA MUB opened at $107.33 on Friday. The business’s 50 day moving average is $107.26 and its two-hundred day moving average is $107.27. iShares National Muni Bond ETF has a 12-month low of $103.14 and a 12-month high of $109.00.
iShares National Muni Bond ETF 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.
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