Zhang Financial LLC Buys 9,904 Shares of iShares National Muni Bond ETF $MUB

Zhang Financial LLC lifted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 22.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,658 shares of the exchange traded fund’s stock after buying an additional 9,904 shares during the period. Zhang Financial LLC’s holdings in iShares National Muni Bond ETF were worth $5,747,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Advyzon Investment Management LLC boosted its position in iShares National Muni Bond ETF by 18.1% during the third quarter. Advyzon Investment Management LLC now owns 41,426 shares of the exchange traded fund’s stock valued at $4,411,000 after acquiring an additional 6,349 shares during the last quarter. Aegis Wealth Management Inc. bought a new stake in iShares National Muni Bond ETF during the fourth quarter valued at $552,000. Cardinal Point Capital Management ULC boosted its position in iShares National Muni Bond ETF by 9.0% during the third quarter. Cardinal Point Capital Management ULC now owns 349,470 shares of the exchange traded fund’s stock valued at $37,397,000 after acquiring an additional 28,823 shares during the last quarter. Confluence Investment Management LLC boosted its position in iShares National Muni Bond ETF by 30.9% during the fourth quarter. Confluence Investment Management LLC now owns 29,933 shares of the exchange traded fund’s stock valued at $3,206,000 after acquiring an additional 7,072 shares during the last quarter. Finally, Cahaba Wealth Management Inc. boosted its position in iShares National Muni Bond ETF by 3.4% during the fourth quarter. Cahaba Wealth Management Inc. now owns 350,964 shares of the exchange traded fund’s stock valued at $37,592,000 after acquiring an additional 11,597 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Up 0.1%

Shares of MUB opened at $107.03 on Friday. The firm’s fifty day simple moving average is $106.65 and its two-hundred day simple moving average is $107.19. iShares National Muni Bond ETF has a 12 month low of $103.14 and a 12 month 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.