Focus Partners Wealth Acquires 159,091 Shares of iShares National Muni Bond ETF $MUB

Focus Partners Wealth increased its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 15.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,198,803 shares of the exchange traded fund’s stock after buying an additional 159,091 shares during the quarter. Focus Partners Wealth’s holdings in iShares National Muni Bond ETF were worth $128,125,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Karpus Management Inc. purchased a new position in iShares National Muni Bond ETF during the 4th quarter worth $25,000. Turning Point Benefit Group Inc. purchased a new position in iShares National Muni Bond ETF during the 3rd quarter worth $26,000. Dunhill Financial LLC increased its holdings in iShares National Muni Bond ETF by 807.1% during the 4th quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 226 shares during the period. Carolina Wealth Advisors LLC purchased a new position in iShares National Muni Bond ETF during the 4th quarter worth $28,000. Finally, Hantz Financial Services Inc. increased its holdings in iShares National Muni Bond ETF by 164.1% during the 4th quarter. Hantz Financial Services Inc. now owns 309 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 192 shares during the period. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Performance

MUB opened at $107.05 on Monday. The stock’s fifty day moving average is $106.84 and its two-hundred day moving average is $107.17. iShares National Muni Bond ETF has a 52 week low of $103.14 and a 52 week high of $109.00.

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). 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.