SOL Capital Management CO Has $9 Million Position in iShares National Muni Bond ETF $MUB

SOL Capital Management CO increased its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 546.2% during the 1st quarter, Holdings Channel reports. The institutional investor owned 86,198 shares of the exchange traded fund’s stock after buying an additional 72,858 shares during the period. iShares National Muni Bond ETF makes up 3.8% of SOL Capital Management CO’s holdings, making the stock its 8th biggest holding. SOL Capital Management CO’s holdings in iShares National Muni Bond ETF were worth $8,998,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Integrated Investment Consultants LLC increased its position in iShares National Muni Bond ETF by 2.1% in the 4th quarter. Integrated Investment Consultants LLC now owns 4,567 shares of the exchange traded fund’s stock valued at $489,000 after acquiring an additional 94 shares in the last quarter. Princeton Global Asset Management LLC lifted its position in shares of iShares National Muni Bond ETF by 8.4% during the fourth quarter. Princeton Global Asset Management LLC now owns 1,257 shares of the exchange traded fund’s stock worth $135,000 after purchasing an additional 97 shares in the last quarter. Financial Sense Advisors Inc. grew its stake in shares of iShares National Muni Bond ETF by 1.4% during the fourth quarter. Financial Sense Advisors Inc. now owns 6,824 shares of the exchange traded fund’s stock valued at $731,000 after purchasing an additional 97 shares during the last quarter. Silver Oak Securities Incorporated grew its stake in shares of iShares National Muni Bond ETF by 6.4% during the first quarter. Silver Oak Securities Incorporated now owns 1,657 shares of the exchange traded fund’s stock valued at $176,000 after purchasing an additional 99 shares during the last quarter. Finally, Graybill Wealth Management LTD. grew its stake in shares of iShares National Muni Bond ETF by 1.6% during the third quarter. Graybill Wealth Management LTD. now owns 6,457 shares of the exchange traded fund’s stock valued at $688,000 after purchasing an additional 100 shares during the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of iShares National Muni Bond ETF stock opened at $107.50 on Friday. The firm has a 50 day simple moving average of $106.98 and a 200 day simple moving average of $107.21. iShares National Muni Bond ETF has a fifty-two week low of $103.14 and a fifty-two week 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.