Capital Advantage Inc. purchased a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 7,249 shares of the exchange traded fund’s stock, valued at approximately $776,000.
Several other large investors also recently bought and sold shares of MUB. Brighton Jones LLC acquired a new stake in shares of iShares National Muni Bond ETF during the fourth quarter worth about $325,000. Revolve Wealth Partners LLC boosted its position in shares of iShares National Muni Bond ETF by 10.7% in the 4th quarter. Revolve Wealth Partners LLC now owns 124,193 shares of the exchange traded fund’s stock valued at $13,233,000 after purchasing an additional 11,989 shares during the period. Bison Wealth LLC purchased a new position in iShares National Muni Bond ETF during the 4th quarter worth approximately $516,000. AQR Capital Management LLC grew its stake in iShares National Muni Bond ETF by 21.2% during the 1st quarter. AQR Capital Management LLC now owns 13,285 shares of the exchange traded fund’s stock worth $1,401,000 after buying an additional 2,322 shares during the last quarter. Finally, NFP Retirement Inc. increased its position in iShares National Muni Bond ETF by 88.5% during the second quarter. NFP Retirement Inc. now owns 7,096 shares of the exchange traded fund’s stock worth $741,000 after buying an additional 3,331 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.
iShares National Muni Bond ETF Trading Down 0.9%
Shares of NYSEARCA MUB opened at $105.91 on Friday. iShares National Muni Bond ETF has a twelve month low of $100.29 and a twelve month high of $109.00. The stock has a 50 day moving average of $107.77 and a two-hundred day moving average of $107.17.
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.
Further Reading
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