Occidental Asset Management LLC Acquires 317 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Occidental Asset Management LLC boosted its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17,376 shares of the exchange traded fund’s stock after acquiring an additional 317 shares during the quarter. iShares National Muni Bond ETF accounts for approximately 0.8% of Occidental Asset Management LLC’s investment portfolio, making the stock its 25th biggest holding. Occidental Asset Management LLC’s holdings in iShares National Muni Bond ETF were worth $1,979,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. AE Wealth Management LLC increased its stake in shares of iShares National Muni Bond ETF by 46.3% during the 4th quarter. AE Wealth Management LLC now owns 132,572 shares of the exchange traded fund’s stock worth $15,101,000 after purchasing an additional 41,929 shares during the last quarter. Gradient Investments LLC increased its stake in shares of iShares National Muni Bond ETF by 6.3% during the 4th quarter. Gradient Investments LLC now owns 4,144 shares of the exchange traded fund’s stock worth $472,000 after purchasing an additional 244 shares during the last quarter. Guidance Point Advisors LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter worth approximately $352,000. Signature Wealth Management Group increased its stake in shares of iShares National Muni Bond ETF by 5.3% during the 4th quarter. Signature Wealth Management Group now owns 4,435 shares of the exchange traded fund’s stock worth $505,000 after purchasing an additional 224 shares during the last quarter. Finally, Archford Capital Strategies LLC increased its stake in shares of iShares National Muni Bond ETF by 35.0% during the 4th quarter. Archford Capital Strategies LLC now owns 7,593 shares of the exchange traded fund’s stock worth $865,000 after purchasing an additional 1,970 shares during the last quarter.

Shares of MUB stock opened at $115.02 on Thursday. The company has a 50 day moving average of $114.15 and a 200-day moving average of $114.04. iShares National Muni Bond ETF has a 12-month low of $108.87 and a 12-month high of $115.42.

The business also recently declared a monthly dividend, which was paid on Thursday, December 26th. Stockholders of record on Friday, December 20th were paid a dividend of $0.2173 per share. The ex-dividend date of this dividend was Thursday, December 19th. This represents a $2.61 annualized dividend and a dividend yield of 2.27%.

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).

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Institutional Ownership by Quarter for iShares National Muni Bond ETF (NYSEARCA:MUB)

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