Sovereign Financial Group Inc. Has $1.16 Million Stake in iShares National Muni Bond ETF $MUB

Sovereign Financial Group Inc. increased its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 263.8% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,892 shares of the exchange traded fund’s stock after acquiring an additional 7,898 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares National Muni Bond ETF were worth $1,156,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of MUB. Karpus Management Inc. acquired a new stake in shares of iShares National Muni Bond ETF during the fourth quarter valued at about $25,000. Turning Point Benefit Group Inc. bought a new stake in shares of iShares National Muni Bond ETF during the third quarter worth about $26,000. Dunhill Financial LLC grew its holdings in shares of iShares National Muni Bond ETF by 807.1% during the fourth quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 226 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new position in shares of iShares National Muni Bond ETF in the fourth quarter valued at approximately $28,000. Finally, Hantz Financial Services Inc. increased its stake in shares of iShares National Muni Bond ETF by 164.1% in the fourth quarter. Hantz Financial Services Inc. now owns 309 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 192 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.0%

Shares of NYSEARCA MUB opened at $107.32 on Tuesday. The company has a 50 day simple moving average of $106.92 and a 200 day simple moving average of $107.17. iShares National Muni Bond ETF has a 1 year low of $103.14 and a 1 year 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.