IFG Advisors LLC Grows Position in iShares National Muni Bond ETF $MUB

IFG Advisors LLC grew its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 2.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 20,540 shares of the exchange traded fund’s stock after acquiring an additional 560 shares during the quarter. IFG Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $2,146,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. US Bancorp DE lifted its position in iShares National Muni Bond ETF by 34.4% during the second quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock valued at $767,087,000 after buying an additional 1,877,664 shares in the last quarter. Allstate Corp raised its stake in shares of iShares National Muni Bond ETF by 91.2% in the 1st quarter. Allstate Corp now owns 3,017,964 shares of the exchange traded fund’s stock valued at $318,214,000 after acquiring an additional 1,439,584 shares during the period. Park Avenue Securities LLC acquired a new position in shares of iShares National Muni Bond ETF during the 2nd quarter valued at $116,279,000. Silver Oak Securities Incorporated acquired a new position in shares of iShares National Muni Bond ETF during the 1st quarter valued at $111,955,000. Finally, Charles Schwab Investment Management Inc. boosted its position in iShares National Muni Bond ETF by 9.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 9,199,988 shares of the exchange traded fund’s stock worth $970,047,000 after purchasing an additional 802,170 shares during the period. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.1%

Shares of NYSEARCA MUB opened at $106.95 on Wednesday. The stock has a fifty day moving average price of $105.44 and a 200 day moving average price of $104.45. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $108.60.

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).