PFG Advisors Acquires Shares of 12,676 iShares National Muni Bond ETF $MUB

PFG Advisors bought a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,676 shares of the exchange traded fund’s stock, valued at approximately $1,350,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brookstone Capital Management increased its stake in iShares National Muni Bond ETF by 31.5% during the 3rd quarter. Brookstone Capital Management now owns 130,663 shares of the exchange traded fund’s stock worth $13,914,000 after buying an additional 31,324 shares in the last quarter. Advyzon Investment Management LLC lifted its position in shares of iShares National Muni Bond ETF by 18.1% in the third quarter. Advyzon Investment Management LLC now owns 41,426 shares of the exchange traded fund’s stock valued at $4,411,000 after acquiring an additional 6,349 shares in the last quarter. Allen Capital Group LLC lifted its position in shares of iShares National Muni Bond ETF by 121.7% in the third quarter. Allen Capital Group LLC now owns 11,413 shares of the exchange traded fund’s stock valued at $1,215,000 after acquiring an additional 6,265 shares in the last quarter. First Horizon Corp acquired a new stake in shares of iShares National Muni Bond ETF in the third quarter worth approximately $3,365,000. Finally, BIP Wealth LLC boosted its stake in shares of iShares National Muni Bond ETF by 171.2% in the third quarter. BIP Wealth LLC now owns 71,152 shares of the exchange traded fund’s stock worth $7,577,000 after acquiring an additional 44,917 shares during the last quarter. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Trading Down 0.2%

Shares of MUB opened at $107.24 on Thursday. The stock has a 50 day moving average price of $107.84 and a 200 day moving average price of $107.07. iShares National Muni Bond ETF has a one year low of $100.29 and a one year high of $109.00.

iShares National Muni Bond ETF Company 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.