Joel Adams & Associates Inc. Has $3.17 Million Stock Holdings in iShares National Muni Bond ETF $MUB

Joel Adams & Associates Inc. grew its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 23.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 29,719 shares of the exchange traded fund’s stock after purchasing an additional 5,637 shares during the quarter. iShares National Muni Bond ETF makes up approximately 2.6% of Joel Adams & Associates Inc.’s portfolio, making the stock its 10th biggest position. Joel Adams & Associates Inc.’s holdings in iShares National Muni Bond ETF were worth $3,165,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Hollencrest Capital Management bought a new stake in iShares National Muni Bond ETF in the 2nd quarter worth $26,000. Total Investment Management Inc. purchased a new stake in shares of iShares National Muni Bond ETF during the second quarter worth about $33,000. Inlight Wealth Management LLC purchased a new stake in shares of iShares National Muni Bond ETF during the third quarter worth about $37,000. Harbor Asset Planning Inc. bought a new stake in shares of iShares National Muni Bond ETF in the second quarter worth about $43,000. Finally, Evolution Wealth Management Inc. purchased a new position in iShares National Muni Bond ETF during the 2nd quarter valued at about $44,000. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Up 0.2%

MUB opened at $108.09 on Friday. iShares National Muni Bond ETF has a one year low of $100.29 and a one year high of $108.13. The business has a 50 day simple moving average of $107.36 and a two-hundred day simple moving average of $106.50.

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.