Compass Wealth Management LLC Makes New Investment in iShares National Muni Bond ETF (NYSEARCA:MUB)

Compass Wealth Management LLC acquired a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 774 shares of the exchange traded fund’s stock, valued at approximately $82,000.

Several other hedge funds have also recently bought and sold shares of the stock. Gallagher Fiduciary Advisors LLC lifted its position in shares of iShares National Muni Bond ETF by 2.6% during the 4th quarter. Gallagher Fiduciary Advisors LLC now owns 3,776 shares of the exchange traded fund’s stock worth $402,000 after buying an additional 95 shares in the last quarter. FAS Wealth Partners Inc. lifted its position in shares of iShares National Muni Bond ETF by 0.6% during the 4th quarter. FAS Wealth Partners Inc. now owns 16,641 shares of the exchange traded fund’s stock worth $1,773,000 after buying an additional 97 shares in the last quarter. Insigneo Advisory Services LLC lifted its position in shares of iShares National Muni Bond ETF by 4.7% during the 1st quarter. Insigneo Advisory Services LLC now owns 2,460 shares of the exchange traded fund’s stock worth $259,000 after buying an additional 110 shares in the last quarter. Elevate Wealth Advisory Inc. lifted its position in shares of iShares National Muni Bond ETF by 2.1% during the 4th quarter. Elevate Wealth Advisory Inc. now owns 5,792 shares of the exchange traded fund’s stock worth $617,000 after buying an additional 118 shares in the last quarter. Finally, Twele Capital Management Inc. raised its holdings in shares of iShares National Muni Bond ETF by 1.4% in the 1st quarter. Twele Capital Management Inc. now owns 8,700 shares of the exchange traded fund’s stock worth $917,000 after purchasing an additional 123 shares during the period. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Down 0.1%

NYSEARCA:MUB opened at $104.27 on Friday. The firm’s 50 day moving average is $104.05 and its 200 day moving average is $105.16. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $108.81.

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).