Private Advisor Group LLC Has $31.35 Million Stock Position in iShares National Muni Bond ETF $MUB

Private Advisor Group LLC increased its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 9.2% during the 1st quarter, HoldingsChannel.com reports. The fund owned 295,321 shares of the exchange traded fund’s stock after acquiring an additional 24,932 shares during the period. Private Advisor Group LLC’s holdings in iShares National Muni Bond ETF were worth $31,348,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of MUB. Karpus Management Inc. acquired a new position in shares of iShares National Muni Bond ETF during the 4th quarter worth approximately $25,000. Turning Point Benefit Group Inc. acquired a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter valued at approximately $26,000. MBM Wealth Consultants LLC acquired a new stake in shares of iShares National Muni Bond ETF in the 1st quarter valued at approximately $26,000. Dunhill Financial LLC boosted its holdings in shares of iShares National Muni Bond ETF by 807.1% in the 4th quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 226 shares during the last quarter. Finally, Carolina Wealth Advisors LLC bought a new position in shares of iShares National Muni Bond ETF in the fourth quarter valued at $28,000. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

NYSEARCA:MUB opened at $107.50 on Friday. iShares National Muni Bond ETF has a 1-year low of $103.14 and a 1-year high of $109.00. The firm has a fifty day simple moving average of $106.98 and a 200 day simple moving average of $107.21.

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.