147,575 Shares of iShares National Muni Bond ETF $MUB Purchased by UNIVEST FINANCIAL Corp

UNIVEST FINANCIAL Corp purchased a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 147,575 shares of the exchange traded fund’s stock, valued at approximately $14,920,000. iShares National Muni Bond ETF accounts for about 0.7% of UNIVEST FINANCIAL Corp’s investment portfolio, making the stock its 28th largest position.

Several other hedge funds have also recently modified their holdings of the stock. IMG Wealth Management Inc. boosted its holdings in iShares National Muni Bond ETF by 79.9% in the 1st quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 107 shares during the last quarter. Asset Dedication LLC increased its stake in iShares National Muni Bond ETF by 9,833.3% during the 1st quarter. Asset Dedication LLC now owns 298 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 295 shares in the last quarter. Next Level Wealth Planning LLC purchased a new stake in iShares National Muni Bond ETF during the 3rd quarter worth approximately $34,000. Security National Bank of SO Dak acquired a new position in shares of iShares National Muni Bond ETF during the second quarter valued at approximately $37,000. Finally, First Bancorp Inc ME acquired a new position in shares of iShares National Muni Bond ETF during the second quarter valued at approximately $38,000. Institutional investors and hedge funds 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 $104.82 on Thursday. The business has a 50 day simple moving average of $102.77 and a two-hundred day simple moving average of $105.83. iShares National Muni Bond ETF has a 12 month low of $100.07 and a 12 month 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.