Dakota Wealth Management Purchases 9,599 Shares of iShares National Muni Bond ETF $MUB

Dakota Wealth Management grew its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 8.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 121,637 shares of the exchange traded fund’s stock after purchasing an additional 9,599 shares during the period. Dakota Wealth Management’s holdings in iShares National Muni Bond ETF were worth $12,953,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Hollencrest Capital Management purchased a new stake in iShares National Muni Bond ETF in the 2nd quarter valued at about $26,000. Total Investment Management Inc. bought a new position in shares of iShares National Muni Bond ETF in the second quarter valued at approximately $33,000. Inlight Wealth Management LLC purchased a new stake in shares of iShares National Muni Bond ETF during the third quarter valued at approximately $37,000. Evolution Wealth Management Inc. bought a new stake in iShares National Muni Bond ETF during the second quarter worth $44,000. Finally, Financial Network Wealth Advisors LLC boosted its position in iShares National Muni Bond ETF by 83.8% in the third quarter. Financial Network Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 212 shares during the last quarter. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Down 0.0%

Shares of iShares National Muni Bond ETF stock opened at $108.51 on Tuesday. iShares National Muni Bond ETF has a 1 year low of $100.29 and a 1 year high of $108.65. The stock has a fifty day moving average price of $107.57 and a 200-day moving average price of $106.76.

About iShares National Muni Bond ETF

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.