Valeo Financial Advisors LLC Grows Stock Position in iShares National Muni Bond ETF $MUB

Valeo Financial Advisors LLC boosted its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 1,433.5% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 41,758 shares of the exchange traded fund’s stock after buying an additional 39,035 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $4,363,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. American Capital Advisory LLC purchased a new stake in iShares National Muni Bond ETF during the 1st quarter valued at $26,000. Financial Network Wealth Advisors LLC raised its holdings in iShares National Muni Bond ETF by 121.9% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 253 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 139 shares during the period. Raleigh Capital Management Inc. raised its holdings in iShares National Muni Bond ETF by 2,193.3% during the 1st quarter. Raleigh Capital Management Inc. now owns 344 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 329 shares during the period. HFM Investment Advisors LLC purchased a new stake in iShares National Muni Bond ETF during the 1st quarter valued at $37,000. Finally, Integrity Financial Corp WA raised its holdings in iShares National Muni Bond ETF by 55.7% during the 1st quarter. Integrity Financial Corp WA now owns 358 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 128 shares during the period. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.1%

MUB stock opened at $106.46 on Tuesday. The business’s fifty day simple moving average is $105.10 and its two-hundred day simple moving average is $104.38. iShares National Muni Bond ETF has a twelve month low of $100.29 and a twelve month high of $108.60.

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).