BCGM Wealth Management LLC Acquires 4,675 Shares of iShares National Muni Bond ETF $MUB

BCGM Wealth Management LLC increased its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 12.1% in the third quarter, Holdings Channel.com reports. The firm owned 43,304 shares of the exchange traded fund’s stock after acquiring an additional 4,675 shares during the period. iShares National Muni Bond ETF makes up approximately 1.2% of BCGM Wealth Management LLC’s investment portfolio, making the stock its 25th biggest position. BCGM Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $4,611,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in MUB. Hollencrest Capital Management bought a new stake in iShares National Muni Bond ETF in the second quarter worth $26,000. Total Investment Management Inc. bought a new position in shares of iShares National Muni Bond ETF during the second quarter valued at about $33,000. Inlight Wealth Management LLC purchased a new position in shares of iShares National Muni Bond ETF in the third quarter worth about $37,000. Caitlin John LLC bought a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter valued at about $40,000. Finally, Evolution Wealth Management Inc. bought a new stake in shares of iShares National Muni Bond ETF in the 2nd quarter valued at about $44,000. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

MUB opened at $108.92 on Monday. The stock’s 50 day simple moving average is $107.72 and its 200 day simple moving average is $106.89. iShares National Muni Bond ETF has a 1 year low of $100.29 and a 1 year high of $109.00.

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.