Sovereign Financial Group Inc. Acquires 7,898 Shares of iShares National Muni Bond ETF $MUB

Sovereign Financial Group Inc. boosted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 263.8% in the first quarter, HoldingsChannel.com reports. The firm owned 10,892 shares of the exchange traded fund’s stock after buying an additional 7,898 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares National Muni Bond ETF were worth $1,156,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of MUB. Karpus Management Inc. bought a new stake in shares of iShares National Muni Bond ETF in the 4th quarter valued at about $25,000. Turning Point Benefit Group Inc. acquired a new stake in shares of iShares National Muni Bond ETF in the third quarter valued at about $26,000. Dunhill Financial LLC raised its position in shares of iShares National Muni Bond ETF by 807.1% during the fourth quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 226 shares during the last quarter. Carolina Wealth Advisors LLC bought a new position in shares of iShares National Muni Bond ETF during the fourth quarter worth about $28,000. Finally, Hantz Financial Services Inc. lifted its stake in shares of iShares National Muni Bond ETF by 164.1% in the fourth quarter. Hantz Financial Services Inc. now owns 309 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 192 shares during the period. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Trading Down 0.0%

Shares of MUB stock opened at $107.32 on Tuesday. The business’s 50 day simple moving average is $106.92 and its 200 day simple moving average is $107.17. iShares National Muni Bond ETF has a one year low of $103.14 and a one year 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.