Cedar Point Capital Partners LLC Boosts Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Cedar Point Capital Partners LLC lifted its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,838 shares of the exchange traded fund’s stock after buying an additional 718 shares during the quarter. iShares National Muni Bond ETF makes up approximately 1.7% of Cedar Point Capital Partners LLC’s portfolio, making the stock its 19th biggest holding. Cedar Point Capital Partners LLC’s holdings in iShares National Muni Bond ETF were worth $2,540,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Insigneo Advisory Services LLC purchased a new position in iShares National Muni Bond ETF in the 2nd quarter worth $478,000. Wescott Financial Advisory Group LLC grew its holdings in shares of iShares National Muni Bond ETF by 5.3% in the second quarter. Wescott Financial Advisory Group LLC now owns 6,158 shares of the exchange traded fund’s stock worth $656,000 after purchasing an additional 312 shares during the last quarter. Alley Investment Management Company LLC increased its stake in shares of iShares National Muni Bond ETF by 6.3% in the second quarter. Alley Investment Management Company LLC now owns 121,192 shares of the exchange traded fund’s stock worth $12,913,000 after buying an additional 7,222 shares during the period. Abich Financial Wealth Management LLC bought a new stake in iShares National Muni Bond ETF during the 2nd quarter valued at $84,000. Finally, AQR Capital Management LLC purchased a new stake in iShares National Muni Bond ETF during the 2nd quarter valued at $1,112,000.

iShares National Muni Bond ETF Stock Performance

MUB stock opened at $106.31 on Thursday. The firm’s 50-day moving average price is $107.01 and its two-hundred day moving average price is $107.46. iShares National Muni Bond ETF has a 12-month low of $105.00 and a 12-month high of $108.81.

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).