IFP Advisors Inc Acquires 11,140 Shares of iShares National Muni Bond ETF $MUB

IFP Advisors Inc boosted its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 30.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 47,611 shares of the exchange traded fund’s stock after acquiring an additional 11,140 shares during the quarter. IFP Advisors Inc’s holdings in iShares National Muni Bond ETF were worth $5,124,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Karpus Management Inc. purchased a new stake in shares of iShares National Muni Bond ETF during the fourth quarter valued at $25,000. IMG Wealth Management Inc. increased its stake in iShares National Muni Bond ETF by 79.9% in the 1st quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 107 shares during the period. Turning Point Benefit Group Inc. bought a new stake in iShares National Muni Bond ETF during the 3rd quarter valued at about $26,000. MBM Wealth Consultants LLC bought a new stake in iShares National Muni Bond ETF during the 1st quarter valued at about $26,000. Finally, Asset Dedication LLC boosted its position in iShares National Muni Bond ETF by 9,833.3% in the 1st 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 period. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

iShares National Muni Bond ETF stock opened at $103.48 on Thursday. The firm has a 50-day moving average of $105.78 and a two-hundred day moving average of $106.60. iShares National Muni Bond ETF has a 1 year low of $103.44 and a 1 year high of $109.00.

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.