Cynosure Group LLC Makes New $2.20 Million Investment in iShares National Muni Bond ETF $MUB

Cynosure Group LLC bought a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the 4th quarter, Holdings Channel reports. The firm bought 20,544 shares of the exchange traded fund’s stock, valued at approximately $2,200,000.

Several other large investors have also recently made changes to their positions in MUB. Karpus Management Inc. purchased a new position in shares of iShares National Muni Bond ETF during the fourth quarter valued at approximately $25,000. Turning Point Benefit Group Inc. purchased a new position in shares of iShares National Muni Bond ETF during the third quarter valued at approximately $26,000. Dunhill Financial LLC lifted its holdings in shares of 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 purchasing an additional 226 shares during the last quarter. Carolina Wealth Advisors LLC purchased a new position in shares of iShares National Muni Bond ETF during the fourth quarter valued at approximately $28,000. Finally, Hantz Financial Services Inc. lifted its holdings in shares of iShares National Muni Bond ETF by 164.1% during the fourth quarter. Hantz Financial Services Inc. now owns 309 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 192 shares during the last quarter. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Trading Up 0.1%

MUB stock opened at $107.17 on Tuesday. The firm has a 50 day moving average price of $106.86 and a 200-day moving average price of $107.17. iShares National Muni Bond ETF has a 52-week low of $103.14 and a 52-week 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.