Dravo Bay LLC Acquires 11,324 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Dravo Bay LLC lifted its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 21.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,281 shares of the exchange traded fund’s stock after acquiring an additional 11,324 shares during the quarter. iShares National Muni Bond ETF makes up 3.3% of Dravo Bay LLC’s portfolio, making the stock its 11th biggest position. Dravo Bay LLC’s holdings in iShares National Muni Bond ETF were worth $6,849,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Advantage Trust Co bought a new position in shares of iShares National Muni Bond ETF during the fourth quarter valued at approximately $26,000. Kohmann Bosshard Financial Services LLC bought a new position in iShares National Muni Bond ETF in the fourth quarter worth $26,000. New Millennium Group LLC raised its holdings in iShares National Muni Bond ETF by 103.5% in the fourth 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 in the last quarter. Wit LLC raised its holdings in 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 worth $32,000 after purchasing an additional 257 shares in the last quarter. Finally, Legacy Investment Solutions LLC bought a new position in shares of iShares National Muni Bond ETF during the third quarter valued at $34,000.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA:MUB opened at $107.31 on Tuesday. 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 $106.54 and a 200-day moving average price of $107.33.

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).