Axxcess Wealth Management LLC Purchases 6,595 Shares of iShares National Muni Bond ETF $MUB

Axxcess Wealth Management LLC boosted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 210,915 shares of the exchange traded fund’s stock after purchasing an additional 6,595 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $22,591,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Karpus Management Inc. purchased a new position in shares of iShares National Muni Bond ETF during the fourth quarter worth about $25,000. Turning Point Benefit Group Inc. purchased a new position in iShares National Muni Bond ETF in the 3rd quarter worth approximately $26,000. Dunhill Financial LLC raised its holdings in iShares National Muni Bond ETF by 807.1% during the 4th 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 last quarter. Carolina Wealth Advisors LLC purchased a new stake in shares of iShares National Muni Bond ETF during the fourth quarter worth about $28,000. Finally, Hantz Financial Services Inc. lifted its holdings in iShares National Muni Bond ETF by 164.1% in the 4th quarter. Hantz Financial Services Inc. now owns 309 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 192 shares during the period. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Price Performance

MUB stock opened at $107.33 on Friday. iShares National Muni Bond ETF has a 1 year low of $103.14 and a 1 year high of $109.00. The firm has a 50-day moving average of $106.90 and a 200 day moving average of $107.17.

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.