Sterling Investment Counsel LLC Buys New Position in iShares National Muni Bond ETF $MUB

Sterling Investment Counsel LLC bought a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) during the third quarter, Holdings Channel.com reports. The fund bought 66,138 shares of the exchange traded fund’s stock, valued at approximately $6,687,000. iShares National Muni Bond ETF makes up about 1.5% of Sterling Investment Counsel LLC’s portfolio, making the stock its 16th largest position.

Several other institutional investors also recently added to or reduced their stakes in the business. MBM Wealth Consultants LLC acquired a new position in shares of iShares National Muni Bond ETF during the first quarter worth approximately $26,000. IMG Wealth Management Inc. grew its stake in shares of iShares National Muni Bond ETF by 79.9% in the first 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 during the last quarter. Asset Dedication LLC grew its stake in shares of iShares National Muni Bond ETF by 9,833.3% in the first quarter. Asset Dedication LLC now owns 298 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 295 shares during the last quarter. Security National Bank of SO Dak acquired a new stake in shares of iShares National Muni Bond ETF in the second quarter worth $37,000. Finally, First Bancorp Inc ME acquired a new position in iShares National Muni Bond ETF during the 2nd quarter valued at $38,000. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Price Performance

iShares National Muni Bond ETF stock traded down $0.01 during mid-day trading on Monday, reaching $102.34. The company had a trading volume of 17,673,845 shares, compared to its average volume of 5,963,235. iShares National Muni Bond ETF has a 52 week low of $100.07 and a 52 week high of $109.00. The company has a 50 day moving average of $103.34 and a 200-day moving average of $105.55.

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.