65,801 Shares in iShares National Muni Bond ETF $MUB Purchased by Prospect Financial Group LLC

Prospect Financial Group LLC acquired a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) during the third quarter, HoldingsChannel.com reports. The fund acquired 65,801 shares of the exchange traded fund’s stock, valued at approximately $6,653,000. iShares National Muni Bond ETF accounts for about 5.6% of Prospect Financial Group LLC’s holdings, making the stock its 7th largest position.

Other large investors also recently modified their holdings of the company. IMG Wealth Management Inc. raised its stake in iShares National Muni Bond ETF by 79.9% during the first quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 107 shares during the last quarter. Asset Dedication LLC lifted its holdings in iShares National Muni Bond ETF by 9,833.3% in the first quarter. Asset Dedication LLC now owns 298 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 295 shares during the period. Next Level Wealth Planning LLC acquired a new position in iShares National Muni Bond ETF in the third quarter valued at $34,000. Security National Bank of SO Dak acquired a new position in iShares National Muni Bond ETF in the second quarter valued at $37,000. Finally, First Bancorp Inc ME bought a new stake in iShares National Muni Bond ETF during the second quarter valued at $38,000. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Down 0.4%

Shares of MUB opened at $104.54 on Wednesday. The firm’s fifty day simple moving average is $102.76 and its two-hundred day simple moving average is $105.85. iShares National Muni Bond ETF has a 12 month low of $100.07 and a 12 month 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.