Zhang Financial LLC Boosts Position in iShares National Muni Bond ETF $MUB

Zhang Financial LLC grew its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 88.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 101,343 shares of the exchange traded fund’s stock after purchasing an additional 47,685 shares during the quarter. Zhang Financial LLC’s holdings in iShares National Muni Bond ETF were worth $10,758,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Integrated Investment Consultants LLC raised its stake in iShares National Muni Bond ETF by 2.1% during the 4th quarter. Integrated Investment Consultants LLC now owns 4,567 shares of the exchange traded fund’s stock worth $489,000 after acquiring an additional 94 shares in the last quarter. Princeton Global Asset Management LLC lifted its position in iShares National Muni Bond ETF by 8.4% in the fourth quarter. Princeton Global Asset Management LLC now owns 1,257 shares of the exchange traded fund’s stock valued at $135,000 after acquiring an additional 97 shares during the last quarter. Financial Sense Advisors Inc. lifted its position in iShares National Muni Bond ETF by 1.4% in the fourth quarter. Financial Sense Advisors Inc. now owns 6,824 shares of the exchange traded fund’s stock valued at $731,000 after acquiring an additional 97 shares during the last quarter. Silver Oak Securities Incorporated boosted its stake in iShares National Muni Bond ETF by 6.4% in the first quarter. Silver Oak Securities Incorporated now owns 1,657 shares of the exchange traded fund’s stock valued at $176,000 after acquiring an additional 99 shares in the last quarter. Finally, Inlight Wealth Management LLC boosted its stake in iShares National Muni Bond ETF by 29.0% in the fourth quarter. Inlight Wealth Management LLC now owns 445 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 100 shares in the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Down 0.0%

Shares of MUB stock opened at $106.58 on Friday. The stock’s 50-day moving average is $106.95 and its two-hundred day moving average is $107.22. iShares National Muni Bond ETF has a 1 year low of $103.14 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.