Pinnacle Bancorp Inc. Buys 4,914 Shares of iShares National Muni Bond ETF $MUB

Pinnacle Bancorp Inc. grew its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 31.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,774 shares of the exchange traded fund’s stock after purchasing an additional 4,914 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in iShares National Muni Bond ETF were worth $2,100,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. MBM Wealth Consultants LLC acquired a new position in iShares National Muni Bond ETF in the first quarter worth about $26,000. IMG Wealth Management Inc. increased its holdings in iShares National Muni Bond ETF by 79.9% in the first quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 107 shares during the last quarter. Asset Dedication LLC increased 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 last quarter. Security National Bank of SO Dak bought a new stake in iShares National Muni Bond ETF in the second quarter valued at about $37,000. Finally, First Bancorp Inc ME acquired a new stake in iShares National Muni Bond ETF during the second quarter valued at approximately $38,000. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $102.45 on Thursday. The stock’s 50 day moving average price is $103.12 and its two-hundred day moving average price is $105.47. iShares National Muni Bond ETF has a 52-week low of $100.07 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.