Daviman Financial LLC Acquires 5,049 Shares of iShares National Muni Bond ETF $MUB

Daviman Financial LLC boosted its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 20.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,393 shares of the exchange traded fund’s stock after acquiring an additional 5,049 shares during the period. iShares National Muni Bond ETF accounts for about 1.8% of Daviman Financial LLC’s portfolio, making the stock its 21st biggest position. Daviman Financial LLC’s holdings in iShares National Muni Bond ETF were worth $3,120,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Karpus Management Inc. acquired a new stake in iShares National Muni Bond ETF in the fourth quarter valued at about $25,000. MBM Wealth Consultants LLC bought a new stake in shares of iShares National Muni Bond ETF during the 1st quarter valued at approximately $26,000. Turning Point Benefit Group Inc. bought a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter valued at approximately $26,000. Dunhill Financial LLC increased its position in 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 worth $27,000 after purchasing an additional 226 shares in the last quarter. Finally, Carolina Wealth Advisors LLC acquired a new position in iShares National Muni Bond ETF during the 4th quarter worth approximately $28,000. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Performance

Shares of iShares National Muni Bond ETF stock opened at $107.62 on Wednesday. iShares National Muni Bond ETF has a fifty-two week low of $103.14 and a fifty-two week high of $109.00. The company’s 50 day moving average price is $106.98 and its two-hundred day moving average price is $107.20.

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.