MCF Advisors LLC Buys 9,328 Shares of iShares National Muni Bond ETF $MUB

MCF Advisors LLC boosted its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 38.5% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 33,569 shares of the exchange traded fund’s stock after purchasing an additional 9,328 shares during the quarter. MCF Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $3,613,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Karpus Management Inc. bought a new position in iShares National Muni Bond ETF during the 4th quarter valued at about $25,000. MBM Wealth Consultants LLC bought a new stake in iShares National Muni Bond ETF during the first quarter worth about $26,000. IMG Wealth Management Inc. grew its stake in 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 buying an additional 107 shares during the last quarter. Turning Point Benefit Group Inc. bought a new stake in iShares National Muni Bond ETF during the third quarter worth about $26,000. Finally, Asset Dedication LLC increased its holdings in shares of iShares National Muni Bond ETF by 9,833.3% during the first quarter. Asset Dedication LLC now owns 298 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 295 shares in the last quarter. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Price Performance

Shares of MUB opened at $103.48 on Thursday. iShares National Muni Bond ETF has a one year low of $103.44 and a one year high of $109.00. The business’s 50 day simple moving average is $105.78 and its 200-day simple moving average is $106.60.

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.