Spinnaker Investment Group LLC Buys 9,085 Shares of iShares National Muni Bond ETF $MUB

Spinnaker Investment Group LLC lifted its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 78.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 20,661 shares of the exchange traded fund’s stock after buying an additional 9,085 shares during the quarter. iShares National Muni Bond ETF comprises about 0.4% of Spinnaker Investment Group LLC’s portfolio, making the stock its 23rd largest holding. Spinnaker Investment Group LLC’s holdings in iShares National Muni Bond ETF were worth $2,213,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of MUB. Hollencrest Capital Management bought a new position in iShares National Muni Bond ETF in the 2nd quarter valued at about $26,000. Turning Point Benefit Group Inc. bought a new stake in shares of iShares National Muni Bond ETF during the third quarter worth approximately $26,000. Total Investment Management Inc. acquired a new position in shares of iShares National Muni Bond ETF in the second quarter valued at approximately $33,000. Imprint Wealth LLC bought a new position in shares of iShares National Muni Bond ETF during the third quarter worth approximately $35,000. Finally, Inlight Wealth Management LLC bought a new position in shares of iShares National Muni Bond ETF during the third quarter worth approximately $37,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

NYSEARCA:MUB opened at $105.67 on Wednesday. The stock has a 50 day simple moving average of $107.71 and a 200 day simple moving average of $107.23. iShares National Muni Bond ETF has a 1-year low of $100.29 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.