Founders Financial Securities LLC Has $9.15 Million Stock Holdings in iShares National Muni Bond ETF $MUB

Founders Financial Securities LLC raised its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 19.0% in the first quarter, Holdings Channel reports. The firm owned 85,564 shares of the exchange traded fund’s stock after acquiring an additional 13,632 shares during the quarter. Founders Financial Securities LLC’s holdings in iShares National Muni Bond ETF were worth $9,155,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Diversified Trust Co acquired a new position in iShares National Muni Bond ETF during the first quarter worth $222,000. Paladin Wealth LLC lifted its stake in iShares National Muni Bond ETF by 28.1% in the first quarter. Paladin Wealth LLC now owns 20,414 shares of the exchange traded fund’s stock valued at $2,167,000 after acquiring an additional 4,480 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its position in shares of iShares National Muni Bond ETF by 13.1% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 8,182 shares of the exchange traded fund’s stock valued at $869,000 after acquiring an additional 946 shares during the period. Brady Martz Wealth Solutions LLC grew its position in shares of iShares National Muni Bond ETF by 1.6% in the 1st quarter. Brady Martz Wealth Solutions LLC now owns 13,788 shares of the exchange traded fund’s stock valued at $1,464,000 after acquiring an additional 220 shares during the period. Finally, Hsbc Holdings PLC grew its position in shares of iShares National Muni Bond ETF by 904.1% in the 4th quarter. Hsbc Holdings PLC now owns 395,869 shares of the exchange traded fund’s stock valued at $42,402,000 after acquiring an additional 356,444 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

iShares National Muni Bond ETF stock opened at $107.33 on Friday. The company’s 50-day moving average is $106.91 and its 200-day moving average is $107.17. iShares National Muni Bond ETF has a fifty-two week low of $103.14 and a fifty-two 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.