Ackerman Capital Advisors LLC Boosts Stake in iShares National Muni Bond ETF $MUB

Ackerman Capital Advisors LLC raised its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 182.3% during the second quarter, Holdings Channel.com reports. The fund owned 243,903 shares of the exchange traded fund’s stock after buying an additional 157,500 shares during the period. iShares National Muni Bond ETF accounts for approximately 5.9% of Ackerman Capital Advisors LLC’s portfolio, making the stock its 3rd largest position. Ackerman Capital Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $25,483,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. bought a new stake in iShares National Muni Bond ETF during the first quarter valued at about $253,000. Charles Schwab Trust Co raised its holdings 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 period. GAMMA Investing LLC raised 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 acquiring an additional 13,101 shares during the period. San Luis Wealth Advisors LLC bought a new stake in shares of iShares National Muni Bond ETF in the second quarter worth about $6,113,000. Finally, Sowell Financial Services LLC bought a new stake in shares of iShares National Muni Bond ETF in the first quarter worth about $1,039,000. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Stock Up 0.3%

Shares of MUB stock opened at $106.85 on Friday. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $108.60. The stock’s 50-day moving average price is $105.32 and its 200-day moving average price is $104.42.

iShares National Muni Bond ETF 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).