Summit Financial LLC Buys 7,071 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Summit Financial LLC increased its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 6.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 125,890 shares of the exchange traded fund’s stock after purchasing an additional 7,071 shares during the quarter. Summit Financial LLC’s holdings in iShares National Muni Bond ETF were worth $13,414,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of MUB. Allspring Global Investments Holdings LLC boosted its position in iShares National Muni Bond ETF by 719.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 108,460 shares of the exchange traded fund’s stock worth $11,561,000 after purchasing an additional 95,221 shares during the period. Principal Financial Group Inc. lifted its stake in shares of iShares National Muni Bond ETF by 6.4% during the 4th quarter. Principal Financial Group Inc. now owns 2,578 shares of the exchange traded fund’s stock valued at $275,000 after buying an additional 156 shares in the last quarter. Joel Isaacson & Co. LLC boosted its holdings in iShares National Muni Bond ETF by 14.5% in the 4th quarter. Joel Isaacson & Co. LLC now owns 38,576 shares of the exchange traded fund’s stock worth $4,110,000 after buying an additional 4,892 shares during the period. Ameritas Advisory Services LLC grew its stake in iShares National Muni Bond ETF by 158.5% in the 4th quarter. Ameritas Advisory Services LLC now owns 5,319 shares of the exchange traded fund’s stock valued at $567,000 after buying an additional 3,261 shares in the last quarter. Finally, Appleton Partners Inc. MA raised its holdings in iShares National Muni Bond ETF by 352.8% during the 4th quarter. Appleton Partners Inc. MA now owns 18,465 shares of the exchange traded fund’s stock valued at $1,967,000 after acquiring an additional 14,387 shares during the period.

iShares National Muni Bond ETF Stock Performance

NYSEARCA:MUB opened at $105.19 on Monday. iShares National Muni Bond ETF has a 1 year low of $104.58 and a 1 year high of $108.81. The stock’s fifty day moving average price is $106.43 and its two-hundred day moving average price is $107.05.

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).