McGinn Penninger Investment Management Inc. Makes New Investment in iShares National Muni Bond ETF (NYSEARCA:MUB)

McGinn Penninger Investment Management Inc. acquired a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 4,780 shares of the exchange traded fund’s stock, valued at approximately $504,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Integrity Financial Corp WA purchased a new stake in shares of iShares National Muni Bond ETF in the fourth quarter valued at $25,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of iShares National Muni Bond ETF during the 4th quarter valued at $26,000. National Bank of Canada FI raised its holdings in iShares National Muni Bond ETF by 346.7% during the fourth quarter. National Bank of Canada FI now owns 268 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 208 shares in the last quarter. Atala Financial Inc acquired a new stake in iShares National Muni Bond ETF in the 4th quarter worth approximately $35,000. Finally, Ancora Advisors LLC lifted its stake in shares of iShares National Muni Bond ETF by 63.6% in the fourth quarter. Ancora Advisors LLC now owns 360 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 140 shares during the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.2%

iShares National Muni Bond ETF stock opened at $104.29 on Wednesday. The business’s 50-day simple moving average is $104.02 and its 200-day simple moving average is $105.21. iShares National Muni Bond ETF has a 52 week low of $100.29 and a 52 week high of $108.81.

iShares National Muni Bond ETF Company 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).