Capital Investment Services of America Inc. Buys 50,879 Shares of iShares National Muni Bond ETF $MUB

Capital Investment Services of America Inc. bought a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 50,879 shares of the exchange traded fund’s stock, valued at approximately $5,144,000.

Several other large investors have also recently added to or reduced their stakes in MUB. Checchi Capital Advisers LLC boosted its holdings in shares of iShares National Muni Bond ETF by 21.5% in the 1st quarter. Checchi Capital Advisers LLC now owns 47,229 shares of the exchange traded fund’s stock valued at $5,013,000 after purchasing an additional 8,356 shares during the last quarter. Black Diamond Financial LLC grew its stake in shares of iShares National Muni Bond ETF by 17.2% during the 3rd quarter. Black Diamond Financial LLC now owns 208,388 shares of the exchange traded fund’s stock valued at $21,068,000 after buying an additional 30,566 shares during the period. Sterling Investment Advisors Ltd. grew its stake in shares of iShares National Muni Bond ETF by 23.3% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 62,389 shares of the exchange traded fund’s stock valued at $6,714,000 after buying an additional 11,800 shares during the period. Heritage Investors Management Corp acquired a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter worth $587,000. Finally, First Heartland Consultants Inc. acquired a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter worth $2,296,000. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Up 0.4%

Shares of MUB opened at $104.36 on Thursday. The stock’s fifty day simple moving average is $102.80 and its 200 day simple moving average is $105.90. iShares National Muni Bond ETF has a twelve month low of $100.07 and a twelve month high of $109.00.

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.