Pure Financial Advisors LLC Has $9.21 Million Position in iShares National Muni Bond ETF $MUB

Pure Financial Advisors LLC raised its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 13.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 85,935 shares of the exchange traded fund’s stock after buying an additional 9,949 shares during the period. Pure Financial Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $9,205,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of MUB. Karpus Management Inc. acquired a new stake in shares of iShares National Muni Bond ETF in the 4th quarter worth about $25,000. Turning Point Benefit Group Inc. bought a new stake in iShares National Muni Bond ETF during the third quarter worth $26,000. Dunhill Financial LLC boosted 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 worth $27,000 after purchasing an additional 226 shares during the last quarter. Carolina Wealth Advisors LLC bought a new position in iShares National Muni Bond ETF in the 4th quarter valued at $28,000. Finally, Hantz Financial Services Inc. increased its position in shares of iShares National Muni Bond ETF by 164.1% during the 4th quarter. Hantz Financial Services Inc. now owns 309 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 192 shares during the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

NYSEARCA MUB opened at $107.33 on Friday. iShares National Muni Bond ETF has a one year low of $103.14 and a one year high of $109.00. The business’s fifty day moving average is $106.91 and its 200-day moving average is $107.17.

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.