BCGM Wealth Management LLC Increases Stake in iShares National Muni Bond ETF (NYSEARCA:MUB)

BCGM Wealth Management LLC raised its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 12.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 48,448 shares of the exchange traded fund’s stock after acquiring an additional 5,431 shares during the period. iShares National Muni Bond ETF makes up about 1.6% of BCGM Wealth Management LLC’s holdings, making the stock its 13th largest holding. BCGM Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $5,162,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Advantage Trust Co purchased a new stake in iShares National Muni Bond ETF during the 4th quarter valued at approximately $26,000. New Millennium Group LLC grew its holdings in shares of iShares National Muni Bond ETF by 103.5% in the fourth quarter. New Millennium Group LLC now owns 291 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 148 shares in the last quarter. Wit LLC grew its holdings in shares of iShares National Muni Bond ETF by 713.9% in the third quarter. Wit LLC now owns 293 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 257 shares in the last quarter. Legacy Investment Solutions LLC purchased a new position in shares of iShares National Muni Bond ETF in the third quarter valued at $34,000. Finally, Roxbury Financial LLC purchased a new position in shares of iShares National Muni Bond ETF in the fourth quarter valued at $37,000.

iShares National Muni Bond ETF Price Performance

MUB stock opened at $107.08 on Friday. The firm has a fifty day moving average price of $106.43 and a 200 day moving average price of $107.35. iShares National Muni Bond ETF has a fifty-two week low of $105.00 and a fifty-two week high of $108.81.

iShares National Muni Bond ETF Company 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).