Flatrock Wealth Partners LLC Purchases New Shares in iShares National Muni Bond ETF $MUB

Flatrock Wealth Partners LLC bought a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,226 shares of the exchange traded fund’s stock, valued at approximately $2,041,000. iShares National Muni Bond ETF makes up approximately 0.9% of Flatrock Wealth Partners LLC’s holdings, making the stock its 25th biggest holding.

Several other institutional investors also recently bought and sold shares of the company. Karpus Management Inc. acquired a new stake in iShares National Muni Bond ETF in the fourth quarter valued at $25,000. MBM Wealth Consultants LLC acquired a new position in iShares National Muni Bond ETF in the 1st quarter valued at about $26,000. Turning Point Benefit Group Inc. purchased a new position in iShares National Muni Bond ETF in the 3rd quarter valued at about $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 valued at $27,000 after purchasing an additional 226 shares in the last quarter. Finally, Carolina Wealth Advisors LLC purchased a new stake in shares of iShares National Muni Bond ETF during the fourth quarter worth about $28,000. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Price Performance

NYSEARCA:MUB opened at $107.24 on Wednesday. The firm has a 50 day simple moving average of $106.99 and a 200-day simple moving average of $107.22. iShares National Muni Bond ETF has a 1-year low of $103.14 and a 1-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.