Professional Financial Advisors LLC Acquires 4,822 Shares of iShares National Muni Bond ETF $MUB

Professional Financial Advisors LLC grew its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 19.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in MUB. Karpus Management Inc. bought a new stake in iShares National Muni Bond ETF in the 4th quarter valued at $25,000. IMG Wealth Management Inc. boosted its position in iShares National Muni Bond ETF by 79.9% during the first quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 107 shares during the period. Turning Point Benefit Group Inc. acquired a new position in shares of iShares National Muni Bond ETF in the third quarter valued at $26,000. MBM Wealth Consultants LLC bought a new position in shares of iShares National Muni Bond ETF in the first quarter valued at about $26,000. Finally, Dunhill Financial LLC raised its position in shares of iShares National Muni Bond ETF by 807.1% in the fourth quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 226 shares during the period. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

NYSEARCA MUB opened at $105.94 on Monday. The firm has a 50-day moving average of $106.75 and a 200-day moving average of $107.04. iShares National Muni Bond ETF has a 52-week low of $103.83 and a 52-week high of $109.00.

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). 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.