iShares National Muni Bond ETF $MUB Stake Lifted by Salomon & Ludwin LLC
by Kim Johansen · The Markets DailySalomon & Ludwin LLC raised its position in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 3.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 262,739 shares of the exchange traded fund’s stock after buying an additional 8,935 shares during the quarter. iShares National Muni Bond ETF comprises about 2.2% of Salomon & Ludwin LLC’s holdings, making the stock its 12th largest position. Salomon & Ludwin LLC owned about 0.05% of iShares National Muni Bond ETF worth $26,563,000 at the end of the most recent reporting period.
Several other hedge funds have also recently made changes to their positions in MUB. Checchi Capital Advisers LLC lifted its holdings in shares of iShares National Muni Bond ETF by 21.5% in the first quarter. Checchi Capital Advisers LLC now owns 47,229 shares of the exchange traded fund’s stock worth $5,013,000 after buying an additional 8,356 shares in the last quarter. Black Diamond Financial LLC boosted its position in shares of iShares National Muni Bond ETF by 17.2% in the third quarter. Black Diamond Financial LLC now owns 208,388 shares of the exchange traded fund’s stock valued at $21,068,000 after acquiring an additional 30,566 shares during the period. Sterling Investment Advisors Ltd. grew its stake in iShares National Muni Bond ETF by 23.3% during the second quarter. Sterling Investment Advisors Ltd. now owns 62,389 shares of the exchange traded fund’s stock valued at $6,714,000 after acquiring an additional 11,800 shares in the last quarter. CX Institutional grew its stake in iShares National Muni Bond ETF by 6.9% during the third quarter. CX Institutional now owns 253,468 shares of the exchange traded fund’s stock valued at $25,626,000 after acquiring an additional 16,427 shares in the last quarter. Finally, First Heartland Consultants Inc. purchased a new position in iShares National Muni Bond ETF during the third quarter valued at approximately $2,296,000. 90.19% of the stock is currently owned by institutional investors.
iShares National Muni Bond ETF Price Performance
iShares National Muni Bond ETF stock opened at $104.18 on Monday. The firm’s 50 day simple moving average is $102.88 and its 200 day simple moving average is $105.95. iShares National Muni Bond ETF has a 1-year low of $100.07 and a 1-year high of $109.00.
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). 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.
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