Plancorp LLC Buys 49,819 Shares of iShares National Muni Bond ETF $MUB

Plancorp LLC purchased a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) during the third quarter, HoldingsChannel.com reports. The fund purchased 49,819 shares of the exchange traded fund’s stock, valued at approximately $5,190,000.

Other institutional investors also recently bought and sold shares of the company. IMG Wealth Management Inc. boosted its position in shares of iShares National Muni Bond ETF by 79.9% during the 1st quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 107 shares in the last quarter. Asset Dedication LLC raised its position in shares of iShares National Muni Bond ETF by 9,833.3% during the 1st quarter. Asset Dedication LLC now owns 298 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 295 shares in the last quarter. Next Level Wealth Planning LLC acquired a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter worth about $34,000. Security National Bank of SO Dak purchased a new stake in iShares National Muni Bond ETF during the second quarter worth approximately $37,000. Finally, First Bancorp Inc ME purchased a new stake in iShares National Muni Bond ETF during the second quarter worth approximately $38,000. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Performance

MUB traded up $0.10 on Friday, reaching $104.91. The company’s stock had a trading volume of 10,199,316 shares, compared to its average volume of 6,189,513. The stock has a 50 day moving average of $102.78 and a two-hundred day moving average of $105.87. iShares National Muni Bond ETF has a fifty-two week low of $100.07 and a fifty-two week high of $109.00.

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.