Able Wealth Management LLC Boosts Holdings in iShares National Muni Bond ETF $MUB

Able Wealth Management LLC increased its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 201.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,034 shares of the exchange traded fund’s stock after buying an additional 9,376 shares during the quarter. Able Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $1,490,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Karpus Management Inc. acquired a new stake in shares of iShares National Muni Bond ETF during the 4th quarter worth about $25,000. MBM Wealth Consultants LLC purchased a new position in iShares National Muni Bond ETF during the first quarter worth about $26,000. Turning Point Benefit Group Inc. purchased a new position in iShares National Muni Bond ETF during the third quarter worth about $26,000. Dunhill Financial LLC increased its position in shares of iShares National Muni Bond ETF by 807.1% during the fourth quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 226 shares during the last quarter. Finally, Carolina Wealth Advisors LLC acquired a new stake in shares of iShares National Muni Bond ETF during the fourth quarter valued at about $28,000. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Performance

Shares of MUB stock opened at $107.34 on Thursday. The firm’s 50 day moving average price is $106.98 and its 200-day moving average price is $107.21. iShares National Muni Bond ETF has a one year low of $103.14 and a one year 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.