GC Wealth Management RIA LLC Invests $1.53 Million in iShares National Muni Bond ETF $MUB

GC Wealth Management RIA LLC bought a new stake in iShares National Muni Bond ETF (NYSEARCA:MUBFree Report) in the first quarter, HoldingsChannel.com reports. The firm bought 14,439 shares of the exchange traded fund’s stock, valued at approximately $1,533,000.

Several other institutional investors and hedge funds have also modified their holdings of MUB. Karpus Management Inc. bought a new position in iShares National Muni Bond ETF during the fourth quarter worth about $25,000. MBM Wealth Consultants LLC bought a new stake in iShares National Muni Bond ETF in the 1st quarter valued at about $26,000. Turning Point Benefit Group Inc. bought a new stake in iShares National Muni Bond ETF in the 3rd quarter valued at about $26,000. Dunhill Financial LLC grew its position in shares of iShares National Muni Bond ETF by 807.1% during the 4th quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 226 shares in the last quarter. Finally, Carolina Wealth Advisors LLC acquired a new position in shares of iShares National Muni Bond ETF during the 4th quarter worth approximately $28,000. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Up 0.3%

Shares of MUB opened at $105.55 on Friday. iShares National Muni Bond ETF has a 12 month low of $103.43 and a 12 month high of $109.00. The firm’s 50 day moving average is $106.87 and its 200-day moving average is $107.17.

About iShares National Muni Bond ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding MUB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares National Muni Bond ETF (NYSEARCA:MUBFree Report).

Institutional Ownership by Quarter for iShares National Muni Bond ETF (NYSEARCA:MUB)

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