UNIVEST FINANCIAL Corp Boosts Stake in iShares National Muni Bond ETF $MUB

UNIVEST FINANCIAL Corp lifted its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 4.8% in the 1st quarter, Holdings Channel reports. The fund owned 143,747 shares of the exchange traded fund’s stock after acquiring an additional 6,608 shares during the quarter. iShares National Muni Bond ETF accounts for 0.9% of UNIVEST FINANCIAL Corp’s holdings, making the stock its 25th biggest holding. UNIVEST FINANCIAL Corp’s holdings in iShares National Muni Bond ETF were worth $15,259,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Karpus Management Inc. purchased a new stake in iShares National Muni Bond ETF in the fourth quarter worth $25,000. MBM Wealth Consultants LLC purchased a new position in iShares National Muni Bond ETF during the first quarter valued at $26,000. Turning Point Benefit Group Inc. purchased a new position in iShares National Muni Bond ETF during the third quarter valued at $26,000. Dunhill Financial LLC lifted its position in iShares National Muni Bond ETF by 807.1% during the fourth quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 226 shares during the period. Finally, Carolina Wealth Advisors LLC bought a new stake in shares of iShares National Muni Bond ETF during the 4th quarter valued at $28,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Up 0.1%

Shares of NYSEARCA:MUB traded up $0.07 during midday trading on Friday, reaching $107.01. The company’s stock had a trading volume of 1,752,480 shares, compared to its average volume of 3,668,951. The firm has a 50 day moving average of $106.97 and a 200-day moving average of $107.22. iShares National Muni Bond ETF has a 12-month low of $103.14 and a 12-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.