Pearl Planning LLC Invests $1.86 Million in iShares National Muni Bond ETF $MUB

Pearl Planning LLC bought a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 17,348 shares of the exchange traded fund’s stock, valued at approximately $1,858,000. iShares National Muni Bond ETF comprises approximately 1.1% of Pearl Planning LLC’s portfolio, making the stock its 19th biggest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Chesapeake Wealth Management raised its position in shares of iShares National Muni Bond ETF by 2.7% during the fourth quarter. Chesapeake Wealth Management now owns 4,750 shares of the exchange traded fund’s stock worth $509,000 after acquiring an additional 125 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC raised its position in shares of iShares National Muni Bond ETF by 4.1% during the fourth quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 3,517 shares of the exchange traded fund’s stock worth $377,000 after acquiring an additional 140 shares during the last quarter. Koshinski Asset Management Inc. raised its position in shares of iShares National Muni Bond ETF by 5.5% during the fourth quarter. Koshinski Asset Management Inc. now owns 12,857 shares of the exchange traded fund’s stock worth $1,377,000 after acquiring an additional 666 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of iShares National Muni Bond ETF during the fourth quarter worth $142,000. Finally, Diversify Wealth Management LLC bought a new stake in shares of iShares National Muni Bond ETF during the fourth quarter worth $7,052,000. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

MUB stock opened at $107.00 on Friday. iShares National Muni Bond ETF has a twelve month low of $103.14 and a twelve month high of $109.00. The business has a fifty day moving average of $107.05 and a 200-day moving average of $107.29.

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.