Professional Financial Advisors LLC Has $3.13 Million Position in iShares National Muni Bond ETF $MUB

Professional Financial Advisors LLC boosted its position in iShares National Muni Bond ETF (NYSEARCA:MUBFree Report) by 19.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 29,083 shares of the exchange traded fund’s stock after buying an additional 4,822 shares during the period. Professional Financial Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $3,130,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealthcare Capital Management LLC boosted its position in shares of iShares National Muni Bond ETF by 7.5% in the second quarter. Wealthcare Capital Management LLC now owns 115,086 shares of the exchange traded fund’s stock valued at $12,386,000 after acquiring an additional 8,065 shares during the period. Kastel Capital Advisors LLC increased its position in iShares National Muni Bond ETF by 28.8% during the second quarter. Kastel Capital Advisors LLC now owns 38,536 shares of the exchange traded fund’s stock worth $4,091,000 after acquiring an additional 8,609 shares during the period. GoalVest Advisory LLC acquired a new stake in iShares National Muni Bond ETF in the 2nd quarter worth about $380,000. Aletheian Wealth Advisors LLC raised its stake in iShares National Muni Bond ETF by 2.1% in the 2nd quarter. Aletheian Wealth Advisors LLC now owns 58,503 shares of the exchange traded fund’s stock worth $6,296,000 after purchasing an additional 1,186 shares in the last quarter. Finally, Roan Capital Partners boosted its holdings in iShares National Muni Bond ETF by 24.3% in the 2nd quarter. Roan Capital Partners now owns 9,611 shares of the exchange traded fund’s stock valued at $1,034,000 after purchasing an additional 1,877 shares during the period. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Price Performance

NYSEARCA MUB opened at $105.94 on Monday. The firm has a 50-day moving average price of $106.75 and a two-hundred day moving average price of $107.04. iShares National Muni Bond ETF has a 12-month low of $103.83 and a 12-month high of $109.00.

About iShares National Muni Bond ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares National Muni Bond ETF (NYSEARCA:MUB)

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