Okabena Investment Services Inc. Buys 7,713 Shares of iShares National Muni Bond ETF $MUB

Okabena Investment Services Inc. grew its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 9.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,457 shares of the exchange traded fund’s stock after purchasing an additional 7,713 shares during the quarter. iShares National Muni Bond ETF makes up about 1.8% of Okabena Investment Services Inc.’s holdings, making the stock its 18th largest position. Okabena Investment Services Inc.’s holdings in iShares National Muni Bond ETF were worth $9,260,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Karpus Management Inc. purchased a new position in iShares National Muni Bond ETF during the 4th quarter worth $25,000. Turning Point Benefit Group Inc. purchased a new position in iShares National Muni Bond ETF during the 3rd quarter worth $26,000. Dunhill Financial LLC boosted its holdings in iShares National Muni Bond ETF by 807.1% during the 4th 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 purchased a new position in iShares National Muni Bond ETF during the 4th quarter worth $28,000. Finally, Hantz Financial Services Inc. boosted its holdings in iShares National Muni Bond ETF by 164.1% during the 4th 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 last quarter. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Up 0.1%

MUB opened at $107.17 on Tuesday. The firm’s fifty day moving average price is $106.86 and its two-hundred day moving average price is $107.17. iShares National Muni Bond ETF has a 1 year low of $103.14 and a 1 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.