United Advisor Group LLC Purchases 9,322 Shares of iShares National Muni Bond ETF $MUB

United Advisor Group LLC lifted its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 58.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,139 shares of the exchange traded fund’s stock after acquiring an additional 9,322 shares during the quarter. United Advisor Group LLC’s holdings in iShares National Muni Bond ETF were worth $2,542,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Checchi Capital Advisers LLC raised its holdings in shares of iShares National Muni Bond ETF by 21.5% in the 1st quarter. Checchi Capital Advisers LLC now owns 47,229 shares of the exchange traded fund’s stock valued at $5,013,000 after purchasing an additional 8,356 shares in the last quarter. Black Diamond Financial LLC lifted its position in shares of iShares National Muni Bond ETF by 17.2% in the 3rd quarter. Black Diamond Financial LLC now owns 208,388 shares of the exchange traded fund’s stock worth $21,068,000 after purchasing an additional 30,566 shares during the period. Sterling Investment Advisors Ltd. lifted its position in shares of iShares National Muni Bond ETF by 23.3% in the 2nd quarter. Sterling Investment Advisors Ltd. now owns 62,389 shares of the exchange traded fund’s stock worth $6,714,000 after purchasing an additional 11,800 shares during the period. Heritage Investors Management Corp purchased a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter worth approximately $587,000. Finally, First Heartland Consultants Inc. purchased a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter worth approximately $2,296,000. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA MUB traded up $0.10 during midday trading on Friday, reaching $104.91. 10,199,316 shares of the company’s stock traded hands, compared to its average volume of 6,189,513. The stock’s 50 day simple moving average is $102.78 and its 200-day simple moving average is $105.87. iShares National Muni Bond ETF has a one year low of $100.07 and a one year high of $109.00.

iShares National Muni Bond ETF 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.