Elevation Point Wealth Partners LLC Has $2.62 Million Stock Holdings in iShares National Muni Bond ETF $MUB

Elevation Point Wealth Partners LLC boosted its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 90.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,652 shares of the exchange traded fund’s stock after acquiring an additional 11,681 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in iShares National Muni Bond ETF were worth $2,617,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Karpus Management Inc. bought a new stake in shares of iShares National Muni Bond ETF in the 4th quarter valued at approximately $25,000. Turning Point Benefit Group Inc. acquired a new stake in iShares National Muni Bond ETF in the 3rd quarter valued at $26,000. MBM Wealth Consultants LLC acquired a new stake in iShares National Muni Bond ETF in the 1st quarter valued at $26,000. Dunhill Financial LLC grew its position in iShares National Muni Bond ETF by 807.1% in 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 period. Finally, Carolina Wealth Advisors LLC bought a new stake in iShares National Muni Bond ETF in the fourth quarter valued at $28,000. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

iShares National Muni Bond ETF stock opened at $107.50 on Friday. The stock has a fifty day moving average price of $106.98 and a two-hundred day moving average price of $107.21. iShares National Muni Bond ETF has a 52-week low of $103.14 and a 52-week 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.