Philadelphia Trust Co. Buys New Position in iShares National Muni Bond ETF $MUB

Philadelphia Trust Co. purchased a new position in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 20,289 shares of the exchange traded fund’s stock, valued at approximately $2,051,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. IMG Wealth Management Inc. lifted its holdings in shares of 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 last quarter. Asset Dedication LLC acquired a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter worth $30,000. Next Level Wealth Planning LLC purchased a new position in iShares National Muni Bond ETF during the 3rd quarter worth $34,000. Security National Bank of SO Dak purchased a new position in iShares National Muni Bond ETF during the 2nd quarter worth $37,000. Finally, First Bancorp Inc ME purchased a new position in iShares National Muni Bond ETF during the 2nd quarter worth $38,000. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Down 0.4%

Shares of NYSEARCA:MUB opened at $104.54 on Wednesday. The business’s 50-day moving average is $102.76 and its 200 day moving average is $105.85. iShares National Muni Bond ETF has a 1 year low of $100.07 and a 1 year 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.

See Also

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

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