Johnson Bixby & Associates LLC Has $5.74 Million Stake in iShares National Muni Bond ETF $MUB

Johnson Bixby & Associates LLC raised its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 15.9% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 54,077 shares of the exchange traded fund’s stock after acquiring an additional 7,437 shares during the quarter. iShares National Muni Bond ETF comprises 0.7% of Johnson Bixby & Associates LLC’s portfolio, making the stock its 27th biggest holding. Johnson Bixby & Associates LLC’s holdings in iShares National Muni Bond ETF were worth $5,740,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Karpus Management Inc. bought a new stake in shares of iShares National Muni Bond ETF during the 4th quarter worth about $25,000. Turning Point Benefit Group Inc. bought a new position in shares of iShares National Muni Bond ETF in the 3rd quarter valued at approximately $26,000. Dunhill Financial LLC lifted its holdings in iShares National Muni Bond ETF by 807.1% in the 4th quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 226 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new stake in iShares National Muni Bond ETF in the 4th quarter worth approximately $28,000. Finally, Hantz Financial Services Inc. boosted its position in iShares National Muni Bond ETF by 164.1% during the fourth quarter. Hantz Financial Services Inc. now owns 309 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 192 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of iShares National Muni Bond ETF stock opened at $107.33 on Monday. iShares National Muni Bond ETF has a 12-month low of $103.14 and a 12-month high of $109.00. The stock has a 50 day moving average price of $106.91 and a two-hundred day moving average price of $107.17.

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.