Daviman Financial LLC Takes Position in iShares National Muni Bond ETF $MUB

Daviman Financial LLC acquired a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) in the 4th quarter, HoldingsChannel reports. The fund acquired 24,344 shares of the exchange traded fund’s stock, valued at approximately $2,607,000. iShares National Muni Bond ETF makes up about 1.5% of Daviman Financial LLC’s investment portfolio, making the stock its 23rd biggest holding.

Other large investors also recently made changes to their positions in the company. Advyzon Investment Management LLC boosted its holdings in shares of iShares National Muni Bond ETF by 18.1% in the 3rd quarter. Advyzon Investment Management LLC now owns 41,426 shares of the exchange traded fund’s stock valued at $4,411,000 after buying an additional 6,349 shares during the last quarter. Aegis Wealth Management Inc. acquired a new stake in shares of iShares National Muni Bond ETF in the 4th quarter valued at approximately $552,000. Cardinal Point Capital Management ULC boosted its holdings in shares of iShares National Muni Bond ETF by 9.0% in the 3rd quarter. Cardinal Point Capital Management ULC now owns 349,470 shares of the exchange traded fund’s stock valued at $37,397,000 after buying an additional 28,823 shares during the last quarter. Confluence Investment Management LLC lifted its holdings in iShares National Muni Bond ETF by 30.9% during the 4th quarter. Confluence Investment Management LLC now owns 29,933 shares of the exchange traded fund’s stock valued at $3,206,000 after purchasing an additional 7,072 shares during the last quarter. Finally, Cahaba Wealth Management Inc. lifted its holdings in iShares National Muni Bond ETF by 3.4% during the 4th quarter. Cahaba Wealth Management Inc. now owns 350,964 shares of the exchange traded fund’s stock valued at $37,592,000 after purchasing an additional 11,597 shares during the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Up 0.1%

Shares of iShares National Muni Bond ETF stock opened at $106.17 on Friday. The business has a fifty day simple moving average of $106.69 and a two-hundred day simple moving average of $107.20. iShares National Muni Bond ETF has a 1 year low of $103.14 and a 1 year 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.