Kastel Capital Advisors LLC Boosts Position in iShares National Muni Bond ETF $MUB

Kastel Capital Advisors LLC grew its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 28.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,536 shares of the exchange traded fund’s stock after acquiring an additional 8,609 shares during the quarter. iShares National Muni Bond ETF comprises about 2.4% of Kastel Capital Advisors LLC’s portfolio, making the stock its 9th largest position. Kastel Capital Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $4,091,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Checchi Capital Advisers LLC raised its position in iShares National Muni Bond ETF by 21.5% during the 1st quarter. Checchi Capital Advisers LLC now owns 47,229 shares of the exchange traded fund’s stock valued at $5,013,000 after purchasing an additional 8,356 shares in the last quarter. Aegis Wealth Management Inc. purchased a new stake in shares of iShares National Muni Bond ETF in the 4th quarter worth $552,000. Slow Capital Inc. grew its position in shares of iShares National Muni Bond ETF by 9.7% during the 4th quarter. Slow Capital Inc. now owns 202,919 shares of the exchange traded fund’s stock worth $21,735,000 after buying an additional 17,960 shares in the last quarter. Hudson Oak Wealth Advisory LLC bought a new position in shares of iShares National Muni Bond ETF during the 4th quarter worth $1,688,000. Finally, Key Capital Management INC purchased a new position in shares of iShares National Muni Bond ETF during the fourth quarter valued at $1,066,000. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of iShares National Muni Bond ETF stock opened at $105.94 on Monday. The stock’s fifty day moving average price is $106.75 and its 200-day moving average price is $107.04. iShares National Muni Bond ETF has a 12 month low of $103.83 and a 12 month 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.