Founders Financial Securities LLC Increases Position in iShares National Muni Bond ETF $MUB

Founders Financial Securities LLC raised its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 26.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 71,932 shares of the exchange traded fund’s stock after purchasing an additional 15,211 shares during the quarter. Founders Financial Securities LLC’s holdings in iShares National Muni Bond ETF were worth $7,705,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Turning Point Benefit Group Inc. purchased a new stake in iShares National Muni Bond ETF in the third quarter valued at approximately $26,000. Dunhill Financial LLC raised its position in iShares National Muni Bond ETF by 807.1% in the fourth quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 226 shares during the period. Carolina Wealth Advisors LLC purchased a new stake in iShares National Muni Bond ETF in the fourth quarter valued at approximately $28,000. Hantz Financial Services Inc. grew 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 worth $33,000 after acquiring an additional 192 shares in the last quarter. Finally, Imprint Wealth LLC acquired a new position in shares of iShares National Muni Bond ETF in the third quarter worth $35,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

NYSEARCA:MUB opened at $107.17 on Friday. The company has a fifty day simple moving average of $106.65 and a two-hundred day simple moving average of $107.19. iShares National Muni Bond ETF has a 52 week low of $103.14 and a 52 week high of $109.00.

iShares National Muni Bond ETF Company 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.