Cornerstone Planning Group LLC Buys 1,318 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Cornerstone Planning Group LLC lifted its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 60.7% during the 1st quarter, HoldingsChannel reports. The firm owned 3,488 shares of the exchange traded fund’s stock after acquiring an additional 1,318 shares during the period. Cornerstone Planning Group LLC’s holdings in iShares National Muni Bond ETF were worth $361,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Gallagher Fiduciary Advisors LLC boosted its position in iShares National Muni Bond ETF by 2.6% during the 4th quarter. Gallagher Fiduciary Advisors LLC now owns 3,776 shares of the exchange traded fund’s stock worth $402,000 after buying an additional 95 shares during the period. FAS Wealth Partners Inc. boosted its position in iShares National Muni Bond ETF by 0.6% during the 4th quarter. FAS Wealth Partners Inc. now owns 16,641 shares of the exchange traded fund’s stock worth $1,773,000 after buying an additional 97 shares during the period. Insigneo Advisory Services LLC boosted its position in iShares National Muni Bond ETF by 4.7% during the 1st quarter. Insigneo Advisory Services LLC now owns 2,460 shares of the exchange traded fund’s stock worth $259,000 after buying an additional 110 shares during the period. Elevate Wealth Advisory Inc. boosted its position in iShares National Muni Bond ETF by 2.1% during the 4th quarter. Elevate Wealth Advisory Inc. now owns 5,792 shares of the exchange traded fund’s stock worth $617,000 after buying an additional 118 shares during the period. Finally, Twele Capital Management Inc. boosted its position in iShares National Muni Bond ETF by 1.4% during the 1st quarter. Twele Capital Management Inc. now owns 8,700 shares of the exchange traded fund’s stock worth $917,000 after buying an additional 123 shares during the period. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $104.13 on Wednesday. iShares National Muni Bond ETF has a 52-week low of $100.29 and a 52-week high of $108.81. The company’s 50 day moving average price is $104.04 and its 200-day moving average price is $105.13.

About iShares National Muni Bond ETF

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).