Edgemoor Investment Advisors Inc. Buys 4,940 Shares of iShares National Muni Bond ETF $MUB

Edgemoor Investment Advisors Inc. bought a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,940 shares of the exchange traded fund’s stock, valued at approximately $499,000.

Other institutional investors also recently bought and sold shares of the company. M Holdings Securities Inc. purchased a new stake in shares of iShares National Muni Bond ETF in the third quarter worth about $1,645,000. Avantax Planning Partners Inc. purchased a new position in iShares National Muni Bond ETF during the 3rd quarter valued at approximately $31,731,000. Brighton Jones LLC purchased a new position in iShares National Muni Bond ETF during the 3rd quarter valued at approximately $647,000. StoneX Group Inc. purchased a new position in iShares National Muni Bond ETF during the 3rd quarter valued at approximately $4,523,000. Finally, Verus Capital Partners LLC increased its stake in iShares National Muni Bond ETF by 23.1% in the 3rd quarter. Verus Capital Partners LLC now owns 41,539 shares of the exchange traded fund’s stock worth $4,200,000 after acquiring an additional 7,796 shares during the last quarter. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Price Performance

NYSEARCA:MUB opened at $104.91 on Monday. iShares National Muni Bond ETF has a 1 year low of $100.07 and a 1 year high of $109.00. The stock’s 50 day simple moving average is $102.78 and its two-hundred day simple moving average is $105.87.

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.