Raleigh Capital Management Inc. Acquires 5,784 Shares of iShares National Muni Bond ETF $MUB

Raleigh Capital Management Inc. lifted its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 290.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,775 shares of the exchange traded fund’s stock after acquiring an additional 5,784 shares during the quarter. Raleigh Capital Management Inc.’s holdings in iShares National Muni Bond ETF were worth $825,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in MUB. Karpus Management Inc. bought a new stake in iShares National Muni Bond ETF during the fourth quarter worth approximately $25,000. MBM Wealth Consultants LLC acquired 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 during the 3rd quarter worth $26,000. Dunhill Financial LLC boosted its holdings in 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 acquiring an additional 226 shares during the period. Finally, Carolina Wealth Advisors LLC bought a new stake in iShares National Muni Bond ETF during the fourth quarter valued at about $28,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

MUB opened at $107.50 on Friday. The stock’s 50 day moving average price is $106.98 and its two-hundred day moving average price is $107.21. iShares National Muni Bond ETF has a 12-month low of $103.14 and a 12-month 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.