Grimes & Company Inc. Boosts Position in iShares National Muni Bond ETF $MUB

Grimes & Company Inc. boosted its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 18.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,353 shares of the exchange traded fund’s stock after acquiring an additional 517 shares during the quarter. Grimes & Company Inc.’s holdings in iShares National Muni Bond ETF were worth $350,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. purchased a new stake in iShares National Muni Bond ETF during the first quarter valued at $253,000. Charles Schwab Trust Co increased its position in iShares National Muni Bond ETF by 22.8% during the second quarter. Charles Schwab Trust Co now owns 170,253 shares of the exchange traded fund’s stock valued at $17,788,000 after acquiring an additional 31,590 shares during the last quarter. GAMMA Investing LLC grew its holdings in iShares National Muni Bond ETF by 11.5% during the first quarter. GAMMA Investing LLC now owns 127,508 shares of the exchange traded fund’s stock valued at $13,444,000 after purchasing an additional 13,101 shares during the period. San Luis Wealth Advisors LLC bought a new stake in iShares National Muni Bond ETF during the second quarter valued at about $6,113,000. Finally, Sowell Financial Services LLC bought a new stake in iShares National Muni Bond ETF during the first quarter valued at about $1,039,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

NYSEARCA:MUB opened at $106.54 on Wednesday. The stock has a 50-day simple moving average of $105.16 and a two-hundred day simple moving average of $104.39. iShares National Muni Bond ETF has a 52-week low of $100.29 and a 52-week high of $108.60.

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).