Dodds Wealth LLC Makes New Investment in iShares National Muni Bond ETF $MUB

Dodds Wealth LLC bought a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) in the 3rd quarter, Holdings Channel.com reports. The fund bought 36,846 shares of the exchange traded fund’s stock, valued at approximately $3,725,000. iShares National Muni Bond ETF makes up 0.8% of Dodds Wealth LLC’s investment portfolio, making the stock its 17th largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in MUB. IMG Wealth Management Inc. lifted its stake in shares of iShares National Muni Bond ETF by 79.9% during the first quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 107 shares during the period. Asset Dedication LLC boosted its holdings in iShares National Muni Bond ETF by 9,833.3% in the first quarter. Asset Dedication LLC now owns 298 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 295 shares during the last quarter. Next Level Wealth Planning LLC bought a new position in iShares National Muni Bond ETF in the third quarter valued at about $34,000. Security National Bank of SO Dak bought a new position in iShares National Muni Bond ETF in the second quarter valued at about $37,000. Finally, First Bancorp Inc ME acquired a new stake in iShares National Muni Bond ETF in the second quarter worth about $38,000. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Trading Up 0.4%

Shares of MUB stock opened at $104.81 on Friday. iShares National Muni Bond ETF has a 12 month low of $100.07 and a 12 month high of $109.00. The stock has a 50-day moving average price of $102.79 and a 200 day moving average price of $105.88.

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.