Principal Financial Group Inc. Has $849,000 Stake in iShares National Muni Bond ETF $MUB

Principal Financial Group Inc. increased its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 163.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,998 shares of the exchange traded fund’s stock after purchasing an additional 4,966 shares during the quarter. Principal Financial Group Inc.’s holdings in iShares National Muni Bond ETF were worth $849,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC bought a new stake in shares of iShares National Muni Bond ETF during the fourth quarter worth $325,000. Revolve Wealth Partners LLC lifted its stake in shares of 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 acquiring an additional 11,989 shares during the period. Bison Wealth LLC bought a new position in iShares National Muni Bond ETF in the fourth quarter valued at about $516,000. AQR Capital Management LLC boosted 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 valued at $1,401,000 after acquiring an additional 2,322 shares during the last quarter. Finally, Main Street Financial Solutions LLC increased its position 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 and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA:MUB opened at $105.64 on Friday. iShares National Muni Bond ETF has a 1-year low of $103.65 and a 1-year high of $109.00. The business has a 50-day moving average price of $106.85 and a two-hundred day moving average price of $107.11.

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.