Sovran Advisors LLC Makes New Investment in iShares National Muni Bond ETF (NYSEARCA:MUB)

Sovran Advisors LLC purchased a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 37,496 shares of the exchange traded fund’s stock, valued at approximately $3,950,000.

A number of other hedge funds have also modified their holdings of the company. New Millennium Group LLC grew its stake in iShares National Muni Bond ETF by 103.5% during the fourth quarter. New Millennium Group LLC now owns 291 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 148 shares in the last quarter. Wit LLC grew its stake in iShares National Muni Bond ETF by 713.9% during the third quarter. Wit LLC now owns 293 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 257 shares in the last quarter. Legacy Investment Solutions LLC purchased a new position in iShares National Muni Bond ETF during the third quarter valued at $34,000. Contravisory Investment Management Inc. grew its stake in iShares National Muni Bond ETF by 10,575.0% during the fourth quarter. Contravisory Investment Management Inc. now owns 427 shares of the exchange traded fund’s stock valued at $45,000 after acquiring an additional 423 shares in the last quarter. Finally, Sound Income Strategies LLC grew its stake in iShares National Muni Bond ETF by 124.3% during the fourth quarter. Sound Income Strategies LLC now owns 507 shares of the exchange traded fund’s stock valued at $54,000 after acquiring an additional 281 shares in the last quarter.

iShares National Muni Bond ETF Stock Up 0.0 %

MUB opened at $106.72 on Tuesday. The company has a fifty day moving average of $106.73 and a 200 day moving average of $107.42. iShares National Muni Bond ETF has a fifty-two week low of $105.00 and a fifty-two week high of $108.81.

iShares National Muni Bond ETF Company 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).