Angeles Wealth Management LLC Has $81.47 Million Position in iShares National Muni Bond ETF $MUB

Angeles Wealth Management LLC boosted its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 9.2% during the 1st quarter, Holdings Channel reports. The fund owned 767,535 shares of the exchange traded fund’s stock after acquiring an additional 64,588 shares during the quarter. iShares National Muni Bond ETF comprises 4.4% of Angeles Wealth Management LLC’s portfolio, making the stock its 6th largest holding. Angeles Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $81,474,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in MUB. Karpus Management Inc. bought a new position in shares of iShares National Muni Bond ETF in the fourth quarter worth $25,000. Turning Point Benefit Group Inc. acquired a new position in shares of iShares National Muni Bond ETF during the third quarter valued at $26,000. MBM Wealth Consultants LLC bought a new stake in shares of iShares National Muni Bond ETF during the first quarter valued at about $26,000. Dunhill Financial LLC raised its stake 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 valued at $27,000 after purchasing an additional 226 shares in the last quarter. Finally, Carolina Wealth Advisors LLC acquired a new stake in iShares National Muni Bond ETF in the fourth quarter worth about $28,000. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Down 0.1%

MUB stock opened at $106.62 on Friday. The company has a 50-day simple moving average of $106.96 and a 200 day simple moving average of $107.22. 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 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). 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.