North Star Investment Management Corp. Acquires 52,974 Shares of iShares National Muni Bond ETF $MUB

North Star Investment Management Corp. boosted its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 34.7% in the third quarter, HoldingsChannel reports. The firm owned 205,451 shares of the exchange traded fund’s stock after purchasing an additional 52,974 shares during the period. iShares National Muni Bond ETF makes up about 1.1% of North Star Investment Management Corp.’s investment portfolio, making the stock its 12th biggest holding. North Star Investment Management Corp.’s holdings in iShares National Muni Bond ETF were worth $20,771,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Checchi Capital Advisers LLC increased its stake in iShares National Muni Bond ETF by 21.5% in the first 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 in the last quarter. Black Diamond Financial LLC raised its holdings in shares of iShares National Muni Bond ETF by 17.2% during the third quarter. Black Diamond Financial LLC now owns 208,388 shares of the exchange traded fund’s stock valued at $21,068,000 after purchasing an additional 30,566 shares during the period. Sterling Investment Advisors Ltd. boosted its position 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 worth $6,714,000 after purchasing an additional 11,800 shares in the last quarter. CX Institutional boosted its position in shares of iShares National Muni Bond ETF by 6.9% during the 3rd quarter. CX Institutional now owns 253,468 shares of the exchange traded fund’s stock worth $25,626,000 after purchasing an additional 16,427 shares in the last quarter. Finally, First Heartland Consultants Inc. bought a new position in shares of iShares National Muni Bond ETF during the 3rd quarter worth about $2,296,000. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Performance

Shares of MUB opened at $103.76 on Thursday. The stock has a 50-day moving average of $102.95 and a 200-day moving average of $105.99. iShares National Muni Bond ETF has a one year low of $100.07 and a one 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.