COFG Advisors LLC Invests $3.03 Million in iShares National Muni Bond ETF $MUB

COFG Advisors LLC acquired a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 28,249 shares of the exchange traded fund’s stock, valued at approximately $3,026,000. iShares National Muni Bond ETF makes up about 0.7% of COFG Advisors LLC’s investment portfolio, making the stock its 27th biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ellevest Inc. raised its position in iShares National Muni Bond ETF by 2.9% during the fourth quarter. Ellevest Inc. now owns 110,702 shares of the exchange traded fund’s stock worth $11,857,000 after acquiring an additional 3,099 shares in the last quarter. Peapack Gladstone Financial Corp raised its position in iShares National Muni Bond ETF by 12.0% during the fourth quarter. Peapack Gladstone Financial Corp now owns 243,190 shares of the exchange traded fund’s stock worth $26,048,000 after acquiring an additional 26,101 shares in the last quarter. Florida Financial Advisors LLC raised its position in iShares National Muni Bond ETF by 3.6% during the fourth quarter. Florida Financial Advisors LLC now owns 3,786 shares of the exchange traded fund’s stock worth $406,000 after acquiring an additional 131 shares in the last quarter. Rothschild Wealth LLC bought a new stake in iShares National Muni Bond ETF during the fourth quarter worth $245,000. Finally, Elm Partners Management LLC raised its position in iShares National Muni Bond ETF by 159.4% during the fourth quarter. Elm Partners Management LLC now owns 130,108 shares of the exchange traded fund’s stock worth $13,936,000 after acquiring an additional 79,956 shares in the last quarter. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Stock Down 0.2%

NYSEARCA MUB opened at $106.94 on Tuesday. The firm’s fifty day moving average price is $106.65 and its two-hundred day moving average price is $107.18. iShares National Muni Bond ETF has a 1 year low of $103.14 and a 1 year high of $109.00.

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.