Wealth Enhancement Trust Services Inc. Makes New Investment in iShares National Muni Bond ETF $MUB

Wealth Enhancement Trust Services Inc. bought a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,421 shares of the exchange traded fund’s stock, valued at approximately $1,223,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Nations Financial Group Inc. IA ADV increased its position in iShares National Muni Bond ETF by 1.4% during the third quarter. Nations Financial Group Inc. IA ADV now owns 6,953 shares of the exchange traded fund’s stock worth $741,000 after buying an additional 93 shares during the period. Princeton Global Asset Management LLC boosted its holdings in shares of iShares National Muni Bond ETF by 8.4% in the fourth quarter. Princeton Global Asset Management LLC now owns 1,257 shares of the exchange traded fund’s stock valued at $135,000 after acquiring an additional 97 shares during the period. SWS Partners grew its position in shares of iShares National Muni Bond ETF by 0.5% during the third quarter. SWS Partners now owns 20,895 shares of the exchange traded fund’s stock worth $2,225,000 after acquiring an additional 99 shares during the last quarter. Nvwm LLC grew its position in shares of iShares National Muni Bond ETF by 2.2% during the third quarter. Nvwm LLC now owns 4,591 shares of the exchange traded fund’s stock worth $489,000 after acquiring an additional 100 shares during the last quarter. Finally, Investment Planning Advisors Inc. increased its holdings in shares of iShares National Muni Bond ETF by 0.7% in the 3rd quarter. Investment Planning Advisors Inc. now owns 13,583 shares of the exchange traded fund’s stock valued at $1,446,000 after acquiring an additional 100 shares during the period. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Trading Up 0.4%

MUB stock opened at $107.37 on Friday. The company has a fifty day moving average price of $107.30 and a 200 day moving average price of $107.25. iShares National Muni Bond ETF has a 12 month low of $102.38 and a 12 month 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.