Capital Advantage Inc. bought a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,249 shares of the exchange traded fund’s stock, valued at approximately $776,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Everhart Financial Group Inc. lifted its holdings in iShares National Muni Bond ETF by 1.5% during the 4th quarter. Everhart Financial Group Inc. now owns 11,412 shares of the exchange traded fund’s stock worth $1,222,000 after buying an additional 164 shares during the last quarter. QP Wealth Management LLC purchased a new position in shares of iShares National Muni Bond ETF in the 4th quarter valued at about $206,000. Ransom Advisory Ltd purchased a new position in shares of iShares National Muni Bond ETF in the 4th quarter valued at about $733,000. Avior Wealth Management LLC raised its position in shares of iShares National Muni Bond ETF by 4.1% during the 4th quarter. Avior Wealth Management LLC now owns 253,018 shares of the exchange traded fund’s stock worth $27,090,000 after acquiring an additional 9,984 shares in the last quarter. Finally, Canal Capital Management LLC purchased a new stake in iShares National Muni Bond ETF during the fourth quarter worth approximately $235,000. 90.19% of the stock is currently owned by institutional investors and hedge funds.
iShares National Muni Bond ETF Stock Down 0.9%
Shares of MUB opened at $105.91 on Friday. The stock has a 50 day moving average price of $107.77 and a 200 day moving average price of $107.17. iShares National Muni Bond ETF has a 52-week low of $100.29 and a 52-week 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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