Kestra Investment Management LLC Purchases 32,677 Shares of iShares National Muni Bond ETF $MUB

Kestra Investment Management LLC boosted its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 7.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 473,402 shares of the exchange traded fund’s stock after acquiring an additional 32,677 shares during the period. iShares National Muni Bond ETF accounts for approximately 1.2% of Kestra Investment Management LLC’s portfolio, making the stock its 23rd largest holding. Kestra Investment Management LLC owned approximately 0.12% of iShares National Muni Bond ETF worth $50,706,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Turning Point Benefit Group Inc. bought a new stake in shares of iShares National Muni Bond ETF during the third quarter valued at about $26,000. Dunhill Financial LLC increased its position 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 valued at $27,000 after buying an additional 226 shares during the period. Carolina Wealth Advisors LLC bought a new stake in shares of iShares National Muni Bond ETF during the fourth quarter valued at about $28,000. Hantz Financial Services Inc. increased its position in shares of iShares National Muni Bond ETF by 164.1% during 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. Finally, Imprint Wealth LLC bought a new stake in shares of iShares National Muni Bond ETF during the third quarter valued at about $35,000. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

Shares of MUB opened at $106.17 on Tuesday. The business’s 50-day moving average price is $106.67 and its 200-day moving average price is $107.19. iShares National Muni Bond ETF has a twelve month low of $103.14 and a twelve month 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.