Private Client Services LLC Acquires 27,100 Shares of iShares National Muni Bond ETF $MUB

Private Client Services LLC purchased a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 27,100 shares of the exchange traded fund’s stock, valued at approximately $2,740,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Stairway Partners LLC acquired a new position in shares of iShares National Muni Bond ETF during the third quarter worth $19,063,000. Versant Capital Management Inc acquired a new position in iShares National Muni Bond ETF in the third quarter valued at approximately $283,000. Montecito Bank & Trust acquired a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter worth about $661,000. Confluence Investment Management LLC bought a new stake in iShares National Muni Bond ETF during the 3rd quarter valued at $6,150,000. Finally, Coastline Trust Co acquired a new stake in iShares National Muni Bond ETF in the third quarter worth about $2,843,000. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Performance

NYSEARCA MUB traded up $0.10 on Friday, reaching $101.44. 7,329,898 shares of the stock traded hands, compared to its average volume of 5,062,657. The firm’s fifty day simple moving average is $104.30 and its 200 day simple moving average is $105.94. iShares National Muni Bond ETF has a 12 month low of $100.07 and a 12 month 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.