First Business Financial Services Inc. Makes New $4.28 Million Investment in iShares National Muni Bond ETF (NYSEARCA:MUB)

First Business Financial Services Inc. bought a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 40,162 shares of the exchange traded fund’s stock, valued at approximately $4,279,000. iShares National Muni Bond ETF accounts for 0.4% of First Business Financial Services Inc.’s holdings, making the stock its 22nd biggest holding.

Several other hedge funds have also made changes to their positions in the company. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter worth $26,000. Advantage Trust Co purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter worth $26,000. New Millennium Group LLC lifted its stake 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 purchasing an additional 148 shares during the last quarter. Wit LLC lifted its stake in shares of iShares National Muni Bond ETF by 713.9% during the 3rd quarter. Wit LLC now owns 293 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 257 shares during the last quarter. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter worth $34,000.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $106.81 on Thursday. iShares National Muni Bond ETF has a 1-year low of $105.00 and a 1-year high of $108.81. The business has a fifty day moving average price of $106.57 and a 200 day moving average price of $107.32.

iShares National Muni Bond ETF 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).