Resonant Capital Advisors LLC Increases Stock Holdings in iShares National Muni Bond ETF $MUB

Resonant Capital Advisors LLC boosted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 8.5% during the 1st quarter, HoldingsChannel.com reports. The fund owned 207,469 shares of the exchange traded fund’s stock after purchasing an additional 16,190 shares during the quarter. iShares National Muni Bond ETF makes up 1.2% of Resonant Capital Advisors LLC’s portfolio, making the stock its 23rd biggest holding. Resonant Capital Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $22,023,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Karpus Management Inc. purchased a new stake in shares of iShares National Muni Bond ETF in the 4th quarter worth about $25,000. Turning Point Benefit Group Inc. purchased a new stake in iShares National Muni Bond ETF in the third quarter worth about $26,000. MBM Wealth Consultants LLC bought a new stake in iShares National Muni Bond ETF during the 1st quarter valued at approximately $26,000. Dunhill Financial LLC grew its holdings 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 acquiring an additional 226 shares during the period. Finally, Carolina Wealth Advisors LLC bought a new position in shares of iShares National Muni Bond ETF in the 4th quarter worth approximately $28,000. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Trading Down 0.2%

Shares of NYSEARCA MUB traded down $0.18 during mid-day trading on Tuesday, hitting $107.39. 1,108,003 shares of the stock traded hands, compared to its average volume of 3,648,921. The stock has a fifty day moving average price of $106.99 and a 200-day moving average price of $107.22. iShares National Muni Bond ETF has a 52 week low of $103.14 and a 52 week high of $109.00.

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). 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.