Meridian Wealth Management LLC acquired a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 2,531 shares of the exchange traded fund’s stock, valued at approximately $276,000.

Other hedge funds have also recently modified their holdings of the company. Hudock Capital Group LLC grew its position in iShares National Muni Bond ETF by 193.0% during the 4th quarter. Hudock Capital Group LLC now owns 542 shares of the exchange traded fund’s stock worth $59,000 after acquiring an additional 357 shares during the last quarter. Country Trust Bank bought a new stake in iShares National Muni Bond ETF during the 4th quarter worth $79,000. Watermark Asset Management Inc. bought a new stake in iShares National Muni Bond ETF during the 4th quarter worth $90,000. Hirtle Callaghan & Co LLC grew its position in iShares National Muni Bond ETF by 420.6% during the 3rd quarter. Hirtle Callaghan & Co LLC now owns 1,135 shares of the exchange traded fund’s stock worth $123,000 after acquiring an additional 917 shares during the last quarter. Finally, TCI Wealth Advisors Inc. grew its position in iShares National Muni Bond ETF by 128.1% during the 3rd quarter. TCI Wealth Advisors Inc. now owns 1,161 shares of the exchange traded fund’s stock worth $125,000 after acquiring an additional 652 shares during the last quarter.

MUB stock traded up $0.12 during midday trading on Monday, reaching $109.50. 41,046 shares of the stock were exchanged, compared to its average volume of 1,435,123. iShares National Muni Bond ETF has a 52 week low of $106.42 and a 52 week high of $109.58.

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 7th. Investors of record on Monday, February 4th were given a dividend of $0.2338 per share. The ex-dividend date of this dividend was Friday, February 1st. This represents a $2.81 dividend on an annualized basis and a yield of 2.56%. This is a positive change from iShares National Muni Bond ETF’s previous monthly dividend of $0.22.

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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).

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Want to see what other hedge funds are holding MUB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares National Muni Bond ETF (NYSEARCA:MUB).

Institutional Ownership by Quarter for iShares National Muni Bond ETF (NYSEARCA:MUB)

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