Founders Financial Securities LLC Grows Stock Position in iShares National Muni Bond ETF $MUB

Founders Financial Securities LLC increased its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 26.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 71,932 shares of the exchange traded fund’s stock after buying an additional 15,211 shares during the quarter. Founders Financial Securities LLC’s holdings in iShares National Muni Bond ETF were worth $7,705,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Turning Point Benefit Group Inc. purchased a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter valued at approximately $26,000. Dunhill Financial LLC raised its position in shares of iShares National Muni Bond ETF by 807.1% during the 4th quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 226 shares during the period. Carolina Wealth Advisors LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter valued at approximately $28,000. Hantz Financial Services Inc. raised its position in shares of iShares National Muni Bond ETF by 164.1% during the 4th quarter. Hantz Financial Services Inc. now owns 309 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 192 shares during the period. Finally, Imprint Wealth LLC purchased a new stake in iShares National Muni Bond ETF in the third quarter valued at approximately $35,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA MUB opened at $107.17 on Friday. iShares National Muni Bond ETF has a 52-week low of $103.14 and a 52-week high of $109.00. The business’s 50 day moving average is $106.65 and its two-hundred day moving average is $107.19.

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.