Okabena Investment Services Inc. Raises Stake in iShares National Muni Bond ETF $MUB

Okabena Investment Services Inc. increased its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 9.8% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 86,457 shares of the exchange traded fund’s stock after buying an additional 7,713 shares during the quarter. iShares National Muni Bond ETF accounts for approximately 1.8% of Okabena Investment Services Inc.’s portfolio, making the stock its 18th largest holding. Okabena Investment Services Inc.’s holdings in iShares National Muni Bond ETF were worth $9,260,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Karpus Management Inc. purchased a new position in shares of iShares National Muni Bond ETF in the 4th quarter worth about $25,000. Turning Point Benefit Group Inc. purchased a new position in shares of iShares National Muni Bond ETF in the 3rd quarter worth about $26,000. Dunhill Financial LLC boosted its holdings in shares of iShares National Muni Bond ETF by 807.1% in the 4th quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 226 shares during the last quarter. Carolina Wealth Advisors LLC purchased a new position in shares of iShares National Muni Bond ETF in the 4th quarter worth about $28,000. Finally, Hantz Financial Services Inc. boosted its holdings in shares of iShares National Muni Bond ETF by 164.1% in the 4th quarter. Hantz Financial Services Inc. now owns 309 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 192 shares during the last quarter. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA:MUB opened at $107.17 on Tuesday. The company’s 50-day moving average is $106.86 and its 200 day moving average is $107.17. iShares National Muni Bond ETF has a fifty-two week low of $103.14 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.