Ethos Financial Group LLC Has $3.24 Million Stock Position in iShares National Muni Bond ETF $MUB

Ethos Financial Group LLC lifted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 21.0% in the first quarter, HoldingsChannel reports. The institutional investor owned 30,541 shares of the exchange traded fund’s stock after buying an additional 5,300 shares during the quarter. Ethos Financial Group LLC’s holdings in iShares National Muni Bond ETF were worth $3,242,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of MUB. Aegis Wealth Management Inc. acquired a new position in shares of iShares National Muni Bond ETF during the fourth quarter valued at $552,000. Confluence Investment Management LLC increased its position in iShares National Muni Bond ETF by 30.9% in the fourth quarter. Confluence Investment Management LLC now owns 29,933 shares of the exchange traded fund’s stock worth $3,206,000 after purchasing an additional 7,072 shares during the period. Cahaba Wealth Management Inc. increased its position in iShares National Muni Bond ETF by 3.4% in the fourth quarter. Cahaba Wealth Management Inc. now owns 350,964 shares of the exchange traded fund’s stock worth $37,592,000 after purchasing an additional 11,597 shares during the period. CIBC Bancorp USA Inc. bought a new stake in iShares National Muni Bond ETF during the 3rd quarter worth about $12,404,000. Finally, Capital Advantage Inc. bought a new stake in iShares National Muni Bond ETF during the 4th quarter worth about $776,000. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $106.95 on Wednesday. iShares National Muni Bond ETF has a fifty-two week low of $103.14 and a fifty-two week high of $109.00. The company’s 50 day simple moving average is $106.97 and its 200 day simple moving average is $107.22.

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). 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.