Paladin Wealth LLC Boosts Holdings in iShares National Muni Bond ETF $MUB

Paladin Wealth LLC increased its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 24.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,409 shares of the exchange traded fund’s stock after acquiring an additional 4,995 shares during the quarter. iShares National Muni Bond ETF comprises approximately 1.6% of Paladin Wealth LLC’s portfolio, making the stock its 16th largest holding. Paladin Wealth LLC’s holdings in iShares National Muni Bond ETF were worth $2,735,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Karpus Management Inc. purchased a new position in shares of iShares National Muni Bond ETF during the fourth quarter worth about $25,000. MBM Wealth Consultants LLC purchased a new stake in shares of iShares National Muni Bond ETF in the 1st quarter valued at about $26,000. IMG Wealth Management Inc. lifted its holdings in shares of iShares National Muni Bond ETF by 79.9% in the 1st quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 107 shares during the last quarter. Turning Point Benefit Group Inc. acquired a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter valued at about $26,000. Finally, Dunhill Financial LLC boosted its position in shares of iShares National Muni Bond ETF by 807.1% in the 4th quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 226 shares during the period. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Performance

NYSEARCA:MUB opened at $105.85 on Tuesday. iShares National Muni Bond ETF has a 52-week low of $103.83 and a 52-week high of $109.00. The stock’s 50 day moving average price is $106.72 and its 200 day moving average price is $107.03.

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.