Savvy Advisors Inc. Purchases 73,519 Shares of iShares National Muni Bond ETF $MUB

Savvy Advisors Inc. increased its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 37.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 272,482 shares of the exchange traded fund’s stock after acquiring an additional 73,519 shares during the period. iShares National Muni Bond ETF comprises approximately 0.9% of Savvy Advisors Inc.’s holdings, making the stock its 18th largest position. Savvy Advisors Inc.’s holdings in iShares National Muni Bond ETF were worth $29,186,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Turning Point Benefit Group Inc. bought a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter worth $26,000. Hollencrest Capital Management bought a new position in shares of iShares National Muni Bond ETF during the second quarter valued at $26,000. Total Investment Management Inc. bought a new position in shares of iShares National Muni Bond ETF during the second quarter valued at $33,000. Imprint Wealth LLC purchased a new stake in shares of iShares National Muni Bond ETF during the third quarter valued at $35,000. Finally, Inlight Wealth Management LLC purchased a new stake in shares of iShares National Muni Bond ETF during the third quarter valued at $37,000. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

NYSEARCA MUB opened at $106.49 on Friday. iShares National Muni Bond ETF has a one year low of $100.29 and a one year high of $109.00. The stock has a 50-day moving average of $107.47 and a 200 day moving average of $107.22.

iShares National Muni Bond ETF Company 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.