Somnio Financial Group LLC Has $5.40 Million Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Somnio Financial Group LLC increased its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,634 shares of the exchange traded fund’s stock after buying an additional 1,430 shares during the period. iShares National Muni Bond ETF accounts for approximately 4.3% of Somnio Financial Group LLC’s holdings, making the stock its 9th biggest holding. Somnio Financial Group LLC’s holdings in iShares National Muni Bond ETF were worth $5,395,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Legacy Capital Wealth Partners LLC bought a new position in iShares National Muni Bond ETF in the 2nd quarter worth approximately $225,000. Founders Financial Securities LLC lifted its stake in shares of iShares National Muni Bond ETF by 9.8% during the second quarter. Founders Financial Securities LLC now owns 103,101 shares of the exchange traded fund’s stock valued at $10,985,000 after acquiring an additional 9,198 shares during the period. Aveo Capital Partners LLC increased its position in iShares National Muni Bond ETF by 26.8% in the second quarter. Aveo Capital Partners LLC now owns 16,423 shares of the exchange traded fund’s stock worth $1,750,000 after purchasing an additional 3,475 shares during the period. Fortis Capital Advisors LLC acquired a new stake in iShares National Muni Bond ETF in the second quarter worth about $214,000. Finally, Beacon Bridge Wealth Partners LLC raised its holdings in iShares National Muni Bond ETF by 33.0% during the 2nd quarter. Beacon Bridge Wealth Partners LLC now owns 58,813 shares of the exchange traded fund’s stock worth $6,267,000 after purchasing an additional 14,606 shares during the last quarter.

iShares National Muni Bond ETF Stock Performance

iShares National Muni Bond ETF stock traded up $0.19 during trading hours on Thursday, reaching $106.74. 2,899,026 shares of the company’s stock traded hands, compared to its average volume of 3,522,208. iShares National Muni Bond ETF has a fifty-two week low of $105.37 and a fifty-two week high of $108.81. The firm’s 50 day moving average is $107.26 and its 200-day moving average is $107.53.

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).