Summit Wealth Group LLC Co. Takes $1.10 Million Position in iShares National Muni Bond ETF $MUB

Summit Wealth Group LLC Co. bought a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the 4th quarter, Holdings Channel reports. The fund bought 10,239 shares of the exchange traded fund’s stock, valued at approximately $1,097,000.

Several other large investors also recently modified their holdings of the business. Ameritas Advisory Services LLC grew its stake in shares of iShares National Muni Bond ETF by 1,293.6% during the fourth quarter. Ameritas Advisory Services LLC now owns 21,628 shares of the exchange traded fund’s stock valued at $2,317,000 after acquiring an additional 20,076 shares in the last quarter. Independent Advisor Alliance grew its stake in shares of iShares National Muni Bond ETF by 2.2% during the fourth quarter. Independent Advisor Alliance now owns 22,366 shares of the exchange traded fund’s stock valued at $2,396,000 after acquiring an additional 481 shares in the last quarter. Rockbridge Investment Management LCC grew its stake in iShares National Muni Bond ETF by 4.9% in the fourth quarter. Rockbridge Investment Management LCC now owns 7,210 shares of the exchange traded fund’s stock worth $772,000 after purchasing an additional 336 shares in the last quarter. World Investment Advisors grew its stake in iShares National Muni Bond ETF by 19.7% in the fourth quarter. World Investment Advisors now owns 196,356 shares of the exchange traded fund’s stock worth $21,032,000 after purchasing an additional 32,340 shares in the last quarter. Finally, Hirtle Callaghan & Co LLC grew its stake in iShares National Muni Bond ETF by 81.8% in the fourth quarter. Hirtle Callaghan & Co LLC now owns 109,970 shares of the exchange traded fund’s stock worth $11,779,000 after purchasing an additional 49,491 shares in the last quarter. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Trading Down 0.2%

NYSEARCA:MUB opened at $106.72 on Wednesday. iShares National Muni Bond ETF has a one year low of $103.14 and a one year high of $109.00. The stock has a 50-day simple moving average of $106.93 and a 200 day simple moving average of $107.27.

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.