IFS Group LLC acquired a new position in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) during the first quarter, HoldingsChannel reports. The institutional investor acquired 5,345 shares of the exchange traded fund’s stock, valued at approximately $567,000.
Several other hedge funds have also recently made changes to their positions in MUB. Karpus Management Inc. purchased a new stake in iShares National Muni Bond ETF in the fourth quarter worth $25,000. MBM Wealth Consultants LLC bought a new stake in iShares National Muni Bond ETF in the first quarter valued at $26,000. IMG Wealth Management Inc. increased its position in iShares National Muni Bond ETF by 79.9% during the 1st quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 107 shares during the period. Turning Point Benefit Group Inc. purchased a new position in iShares National Muni Bond ETF during the 3rd quarter valued at $26,000. Finally, Dunhill Financial LLC raised its holdings in iShares National Muni Bond ETF by 807.1% in 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. 90.19% of the stock is owned by hedge funds and other institutional investors.
iShares National Muni Bond ETF Stock Performance
Shares of NYSEARCA MUB opened at $105.77 on Thursday. The firm has a fifty day simple moving average of $106.87 and a two-hundred day simple moving average of $107.14. iShares National Muni Bond ETF has a 12 month low of $103.58 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.
Read More
- Five stocks we like better than iShares National Muni Bond ETF
- Why SK hynix Could Be the Best AI Chip Stock to Buy Now
- Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters
- Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead?
- Why Bloom Energy May Be the Most Important AI Infrastructure Stock
Want to see what other hedge funds are holding MUB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report).
Receive News & Ratings for iShares National Muni Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares National Muni Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
