Oppenheimer & Co. Inc. Purchases New Stake in iShares National Muni Bond ETF $MUB

Oppenheimer & Co. Inc. acquired a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 19,016 shares of the exchange traded fund’s stock, valued at approximately $1,923,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MUB. IMG Wealth Management Inc. grew its stake in shares of iShares National Muni Bond ETF by 79.9% in the first quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 107 shares during the last quarter. Asset Dedication LLC increased its holdings in shares of iShares National Muni Bond ETF by 9,833.3% during the first quarter. Asset Dedication LLC now owns 298 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 295 shares in the last quarter. Security National Bank of SO Dak purchased a new position in shares of iShares National Muni Bond ETF in the 2nd quarter worth about $37,000. First Bancorp Inc ME purchased a new position in shares of iShares National Muni Bond ETF in the 2nd quarter worth about $38,000. Finally, Legacy Wealth Managment LLC ID bought a new position in iShares National Muni Bond ETF in the 1st quarter worth about $45,000. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.3%

Shares of iShares National Muni Bond ETF stock opened at $104.18 on Friday. iShares National Muni Bond ETF has a 1 year low of $100.07 and a 1 year high of $109.00. The firm’s 50-day moving average is $102.88 and its 200 day moving average is $105.95.

iShares National Muni Bond ETF Company Profile

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.