Edgemoor Investment Advisors Inc. Makes New $499,000 Investment in iShares National Muni Bond ETF $MUB

Edgemoor Investment Advisors Inc. bought a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) during the third quarter, HoldingsChannel.com reports. The fund bought 4,940 shares of the exchange traded fund’s stock, valued at approximately $499,000.

A number of other large investors have also recently made changes to their positions in MUB. M Holdings Securities Inc. bought a new stake in iShares National Muni Bond ETF during the third quarter worth approximately $1,645,000. Avantax Planning Partners Inc. purchased a new stake in iShares National Muni Bond ETF during the third quarter valued at approximately $31,731,000. Brighton Jones LLC bought a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter valued at approximately $647,000. StoneX Group Inc. bought a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter valued at approximately $4,523,000. Finally, Verus Capital Partners LLC lifted its stake in shares of 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 valued at $4,200,000 after purchasing an additional 7,796 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

Shares of iShares National Muni Bond ETF stock opened at $104.91 on Monday. The stock has a 50 day moving average price of $102.78 and a 200-day moving average price of $105.87. iShares National Muni Bond ETF has a one year low of $100.07 and a one year 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.