Crescent Grove Advisors LLC Buys New Position in iShares National Muni Bond ETF $MUB

Crescent Grove Advisors LLC acquired a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the 3rd quarter, Holdings Channel reports. The fund acquired 7,488 shares of the exchange traded fund’s stock, valued at approximately $757,000.

Other institutional investors have also recently made changes to their positions in the company. Obermeyer Wealth Partners bought a new position in iShares National Muni Bond ETF during the 3rd quarter worth $584,000. Diligent Investors LLC bought a new position in shares of iShares National Muni Bond ETF in the 3rd quarter valued at $337,000. Cardinal Point Capital Management ULC grew its holdings in iShares National Muni Bond ETF by 1.5% during the 3rd quarter. Cardinal Point Capital Management ULC now owns 373,539 shares of the exchange traded fund’s stock worth $37,765,000 after acquiring an additional 5,529 shares during the last quarter. Magnus Financial Group LLC raised its position in shares of iShares National Muni Bond ETF by 19.2% during the third quarter. Magnus Financial Group LLC now owns 3,578 shares of the exchange traded fund’s stock worth $362,000 after acquiring an additional 576 shares during the last quarter. Finally, Eagle Rock Investment Company LLC boosted its stake in shares of iShares National Muni Bond ETF by 0.8% in the 3rd quarter. Eagle Rock Investment Company LLC now owns 36,946 shares of the exchange traded fund’s stock valued at $3,735,000 after purchasing an additional 279 shares during the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Up 0.8%

NYSEARCA MUB opened at $103.24 on Friday. The business has a 50 day simple moving average of $103.06 and a 200 day simple moving average of $105.45. iShares National Muni Bond ETF has a one year low of $100.07 and a one year high of $109.00.

iShares National Muni Bond ETF 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.