iShares National Muni Bond ETF $MUB Shares Acquired by Cornerstone Planning Group LLC

Cornerstone Planning Group LLC grew its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 24.1% during the first quarter, HoldingsChannel reports. The fund owned 25,890 shares of the exchange traded fund’s stock after purchasing an additional 5,035 shares during the period. Cornerstone Planning Group LLC’s holdings in iShares National Muni Bond ETF were worth $2,764,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Karpus Management Inc. acquired a new position in iShares National Muni Bond ETF in the fourth quarter valued at approximately $25,000. Turning Point Benefit Group Inc. purchased a new position in iShares National Muni Bond ETF in the third quarter valued at approximately $26,000. MBM Wealth Consultants LLC acquired a new stake in iShares National Muni Bond ETF during the first quarter worth approximately $26,000. Dunhill Financial LLC raised its holdings 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 worth $27,000 after purchasing an additional 226 shares in the last quarter. Finally, Carolina Wealth Advisors LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA:MUB opened at $106.58 on Friday. The firm has a 50 day simple moving average of $106.95 and a 200-day simple moving average of $107.22. iShares National Muni Bond ETF has a twelve month low of $103.14 and a twelve month 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.