65,801 Shares in iShares National Muni Bond ETF $MUB Bought by Prospect Financial Group LLC

Prospect Financial Group LLC bought a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 65,801 shares of the exchange traded fund’s stock, valued at approximately $6,653,000. iShares National Muni Bond ETF comprises about 5.6% of Prospect Financial Group LLC’s portfolio, making the stock its 7th biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MUB. IMG Wealth Management Inc. lifted its holdings 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 worth $26,000 after purchasing an additional 107 shares during the period. Asset Dedication LLC bought a new stake in shares of iShares National Muni Bond ETF in the third quarter worth $30,000. Next Level Wealth Planning LLC acquired a new stake in iShares National Muni Bond ETF in the third quarter valued at $34,000. Security National Bank of SO Dak acquired a new stake in iShares National Muni Bond ETF in the second quarter valued at $37,000. Finally, First Bancorp Inc ME acquired a new stake in iShares National Muni Bond ETF in the second quarter valued at $38,000. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Down 0.4%

Shares of NYSEARCA:MUB opened at $104.54 on Wednesday. iShares National Muni Bond ETF has a 12-month low of $100.07 and a 12-month high of $109.00. The business has a fifty day simple moving average of $102.76 and a 200 day simple moving average of $105.85.

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.