Phillips Financial Management LLC Buys 2,052 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Phillips Financial Management LLC boosted its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 61,437 shares of the exchange traded fund’s stock after acquiring an additional 2,052 shares during the quarter. Phillips Financial Management LLC’s holdings in iShares National Muni Bond ETF were worth $6,546,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the company. Advantage Trust Co bought a new position in shares of iShares National Muni Bond ETF during the 4th quarter valued at about $26,000. Kohmann Bosshard Financial Services LLC bought a new stake in iShares National Muni Bond ETF in the 4th quarter worth approximately $26,000. New Millennium Group LLC raised its holdings in shares of iShares National Muni Bond ETF by 103.5% during the 4th quarter. New Millennium Group LLC now owns 291 shares of the exchange traded fund’s stock worth $31,000 after acquiring an additional 148 shares in the last quarter. Wit LLC grew its holdings in shares of iShares National Muni Bond ETF by 713.9% in the third quarter. Wit LLC now owns 293 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 257 shares in the last quarter. Finally, Legacy Investment Solutions LLC bought a new stake in iShares National Muni Bond ETF in the third quarter worth $34,000.

iShares National Muni Bond ETF Stock Down 0.4 %

Shares of NYSEARCA:MUB opened at $105.74 on Thursday. iShares National Muni Bond ETF has a 12 month low of $105.00 and a 12 month high of $108.81. The company has a 50-day moving average price of $106.55 and a 200 day moving average price of $107.26.

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).