Ocean Park Asset Management LLC Invests $2.37 Million in iShares National Muni Bond ETF $MUB

Ocean Park Asset Management LLC acquired a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) in the second quarter, Holdings Channel reports. The institutional investor acquired 21,999 shares of the exchange traded fund’s stock, valued at approximately $2,368,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in MUB. Brighton Jones LLC acquired a new stake in shares of iShares National Muni Bond ETF in the 4th quarter valued at approximately $325,000. Revolve Wealth Partners LLC grew its holdings in iShares National Muni Bond ETF by 10.7% during the fourth quarter. Revolve Wealth Partners LLC now owns 124,193 shares of the exchange traded fund’s stock valued at $13,233,000 after purchasing an additional 11,989 shares during the period. Bison Wealth LLC acquired a new position in iShares National Muni Bond ETF during the fourth quarter valued at approximately $516,000. AQR Capital Management LLC raised its holdings in iShares National Muni Bond ETF by 21.2% in the first quarter. AQR Capital Management LLC now owns 13,285 shares of the exchange traded fund’s stock worth $1,401,000 after purchasing an additional 2,322 shares during the period. Finally, Main Street Financial Solutions LLC raised its holdings in iShares National Muni Bond ETF by 5.7% in the second quarter. Main Street Financial Solutions LLC now owns 19,303 shares of the exchange traded fund’s stock worth $2,017,000 after purchasing an additional 1,039 shares during the period. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA MUB opened at $105.93 on Wednesday. iShares National Muni Bond ETF has a twelve month low of $103.83 and a twelve month high of $109.00. The company’s fifty day moving average is $106.70 and its 200-day moving average is $107.02.

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.