JB Capital LLC Grows Position in iShares National Muni Bond ETF $MUB

JB Capital LLC increased its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 20.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 31,637 shares of the exchange traded fund’s stock after purchasing an additional 5,390 shares during the period. JB Capital LLC’s holdings in iShares National Muni Bond ETF were worth $3,389,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Hollencrest Capital Management purchased a new stake in shares of iShares National Muni Bond ETF during the 2nd quarter valued at about $26,000. Turning Point Benefit Group Inc. bought a new stake in shares of iShares National Muni Bond ETF in the third quarter worth approximately $26,000. Total Investment Management Inc. purchased a new position in shares of iShares National Muni Bond ETF during the second quarter valued at approximately $33,000. Imprint Wealth LLC bought a new position in iShares National Muni Bond ETF during the third quarter valued at approximately $35,000. Finally, Inlight Wealth Management LLC bought a new position in iShares National Muni Bond ETF during the third quarter valued at approximately $37,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of MUB stock opened at $106.49 on Friday. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $109.00. The firm’s 50 day moving average is $107.47 and its 200 day moving average is $107.22.

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.