Cogent Private Wealth Inc. Makes New Investment in iShares National Muni Bond ETF $MUB

Cogent Private Wealth Inc. purchased a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,900 shares of the exchange traded fund’s stock, valued at approximately $739,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Advyzon Investment Management LLC boosted its position in shares of iShares National Muni Bond ETF by 18.1% during the 3rd quarter. Advyzon Investment Management LLC now owns 41,426 shares of the exchange traded fund’s stock worth $4,411,000 after acquiring an additional 6,349 shares in the last quarter. Aegis Wealth Management Inc. acquired a new position in shares of iShares National Muni Bond ETF during the 4th quarter worth about $552,000. Cardinal Point Capital Management ULC boosted its position in shares of iShares National Muni Bond ETF by 9.0% during the 3rd quarter. Cardinal Point Capital Management ULC now owns 349,470 shares of the exchange traded fund’s stock worth $37,397,000 after acquiring an additional 28,823 shares in the last quarter. Confluence Investment Management LLC boosted its position in shares of iShares National Muni Bond ETF by 30.9% in the 4th quarter. Confluence Investment Management LLC now owns 29,933 shares of the exchange traded fund’s stock valued at $3,206,000 after purchasing an additional 7,072 shares during the period. Finally, Cahaba Wealth Management Inc. grew its stake in iShares National Muni Bond ETF by 3.4% during the 4th quarter. Cahaba Wealth Management Inc. now owns 350,964 shares of the exchange traded fund’s stock worth $37,592,000 after buying an additional 11,597 shares during the last quarter. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Performance

NYSEARCA:MUB opened at $106.94 on Tuesday. The stock’s 50 day moving average price is $106.65 and its 200 day moving average price is $107.18. iShares National Muni Bond ETF has a 52-week low of $103.14 and a 52-week 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.