Zhang Financial LLC Increases Stock Position in iShares National Muni Bond ETF $MUB

Zhang Financial LLC increased its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 88.9% during the first quarter, HoldingsChannel.com reports. The fund owned 101,343 shares of the exchange traded fund’s stock after buying an additional 47,685 shares during the period. Zhang Financial LLC’s holdings in iShares National Muni Bond ETF were worth $10,758,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the business. Karpus Management Inc. acquired a new stake in iShares National Muni Bond ETF during the 4th quarter worth $25,000. MBM Wealth Consultants LLC purchased a new position in iShares National Muni Bond ETF during the 1st quarter worth $26,000. Turning Point Benefit Group Inc. acquired a new position in iShares National Muni Bond ETF in the third quarter valued at $26,000. Dunhill Financial LLC increased its stake in iShares National Muni Bond ETF by 807.1% in 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 during the period. Finally, Carolina Wealth Advisors LLC acquired a new position in iShares National Muni Bond ETF in the fourth quarter valued at $28,000. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Down 0.0%

Shares of NYSEARCA:MUB opened at $106.58 on Friday. iShares National Muni Bond ETF has a one year low of $103.14 and a one year high of $109.00. The company has a 50-day simple moving average of $106.95 and a 200-day simple moving average of $107.22.

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.