von Borstel & Associates Inc. Makes New $3.12 Million Investment in iShares National Muni Bond ETF $MUB

von Borstel & Associates Inc. bought a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 29,042 shares of the exchange traded fund’s stock, valued at approximately $3,115,000.

Several other large investors also recently modified their holdings of the stock. Hollencrest Capital Management purchased a new position in iShares National Muni Bond ETF in the second quarter valued at approximately $26,000. Total Investment Management Inc. purchased a new stake in iShares National Muni Bond ETF in the second quarter worth $33,000. Inlight Wealth Management LLC purchased a new stake in iShares National Muni Bond ETF in the third quarter worth $37,000. Caitlin John LLC bought a new stake in shares of iShares National Muni Bond ETF in the third quarter valued at $40,000. Finally, Evolution Wealth Management Inc. bought a new stake in shares of iShares National Muni Bond ETF in the second quarter valued at $44,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Up 0.3%

Shares of NYSEARCA MUB opened at $107.25 on Friday. iShares National Muni Bond ETF has a one year low of $100.29 and a one year high of $109.00. The business’s fifty day moving average price is $107.83 and its 200-day moving average price is $107.09.

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.