RCS Financial Planning LLC Increases Stock Position in iShares National Muni Bond ETF $MUB

RCS Financial Planning LLC boosted its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 50.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,315 shares of the exchange traded fund’s stock after acquiring an additional 7,827 shares during the quarter. iShares National Muni Bond ETF accounts for approximately 1.3% of RCS Financial Planning LLC’s holdings, making the stock its 17th largest position. RCS Financial Planning LLC’s holdings in iShares National Muni Bond ETF were worth $2,475,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Karpus Management Inc. bought a new stake in iShares National Muni Bond ETF in the 4th quarter worth about $25,000. Turning Point Benefit Group Inc. purchased a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter valued at about $26,000. MBM Wealth Consultants LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 1st quarter valued at about $26,000. Dunhill Financial LLC grew its stake in shares of 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 acquiring an additional 226 shares during the period. Finally, Carolina Wealth Advisors LLC bought a new stake in shares of iShares National Muni Bond ETF in the fourth quarter worth approximately $28,000. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Price Performance

MUB opened at $107.58 on Friday. The firm has a 50 day moving average price of $106.94 and a 200-day moving average price of $107.19. iShares National Muni Bond ETF has a twelve month low of $103.14 and a twelve 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.