Kingdom Financial Group LLC. Buys 133,182 Shares of iShares National Muni Bond ETF $MUB

Kingdom Financial Group LLC. boosted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 208.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 196,934 shares of the exchange traded fund’s stock after purchasing an additional 133,182 shares during the period. iShares National Muni Bond ETF makes up 6.5% of Kingdom Financial Group LLC.’s portfolio, making the stock its 4th largest position. Kingdom Financial Group LLC.’s holdings in iShares National Muni Bond ETF were worth $21,094,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in MUB. Turning Point Benefit Group Inc. acquired a new position in iShares National Muni Bond ETF in the 3rd quarter valued at about $26,000. Dunhill Financial LLC increased its position in iShares National Muni Bond ETF by 807.1% in the 4th quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 226 shares during the period. Carolina Wealth Advisors LLC purchased a new position in iShares National Muni Bond ETF during the 4th quarter worth $28,000. Imprint Wealth LLC purchased a new position in iShares National Muni Bond ETF during the 3rd quarter worth $35,000. Finally, JDM Financial Group LLC purchased a new position in iShares National Muni Bond ETF during the 4th quarter worth $38,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of iShares National Muni Bond ETF stock opened at $106.08 on Friday. iShares National Muni Bond ETF has a one year low of $103.14 and a one year high of $109.00. The firm has a fifty day moving average of $106.71 and a two-hundred day moving average of $107.21.

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.