Pinnacle Bancorp Inc. Purchases 4,914 Shares of iShares National Muni Bond ETF $MUB

Pinnacle Bancorp Inc. grew its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 31.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,774 shares of the exchange traded fund’s stock after purchasing an additional 4,914 shares during the period. Pinnacle Bancorp Inc.’s holdings in iShares National Muni Bond ETF were worth $2,100,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MUB. Checchi Capital Advisers LLC grew its stake in shares of iShares National Muni Bond ETF by 21.5% during the first quarter. Checchi Capital Advisers LLC now owns 47,229 shares of the exchange traded fund’s stock valued at $5,013,000 after acquiring an additional 8,356 shares in the last quarter. Sterling Investment Advisors Ltd. increased its position in shares of iShares National Muni Bond ETF by 23.3% during the second quarter. Sterling Investment Advisors Ltd. now owns 62,389 shares of the exchange traded fund’s stock worth $6,714,000 after acquiring an additional 11,800 shares during the last quarter. CX Institutional increased its position in shares of iShares National Muni Bond ETF by 6.9% during the third quarter. CX Institutional now owns 253,468 shares of the exchange traded fund’s stock worth $25,626,000 after acquiring an additional 16,427 shares during the last quarter. First Heartland Consultants Inc. acquired a new position in shares of iShares National Muni Bond ETF in the third quarter worth about $2,296,000. Finally, Vicus Capital lifted its stake in shares of iShares National Muni Bond ETF by 4.1% in the first quarter. Vicus Capital now owns 183,680 shares of the exchange traded fund’s stock worth $19,498,000 after acquiring an additional 7,189 shares in the last quarter. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Price Performance

Shares of MUB opened at $102.45 on Thursday. iShares National Muni Bond ETF has a one year low of $100.07 and a one year high of $109.00. The stock has a 50-day moving average price of $103.12 and a 200 day moving average price of $105.47.

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.