Cannon Financial Strategists Inc. Purchases Shares of 50,952 iShares National Muni Bond ETF (NYSEARCA:MUB)

Cannon Financial Strategists Inc. purchased a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 50,952 shares of the exchange traded fund’s stock, valued at approximately $5,429,000. iShares National Muni Bond ETF comprises about 1.0% of Cannon Financial Strategists Inc.’s investment portfolio, making the stock its 16th biggest position.

Several other hedge funds have also added to or reduced their stakes in the business. Sanctuary Advisors LLC acquired a new stake in iShares National Muni Bond ETF during the 2nd quarter valued at $29,582,000. Kestra Investment Management LLC acquired a new stake in iShares National Muni Bond ETF during the 2nd quarter valued at $25,657,000. Heritage Oak Wealth Advisors LLC acquired a new stake in iShares National Muni Bond ETF during the 2nd quarter valued at $317,000. Somnio Financial Group LLC acquired a new stake in iShares National Muni Bond ETF during the 2nd quarter valued at $5,110,000. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in iShares National Muni Bond ETF by 49.2% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 22,799 shares of the exchange traded fund’s stock valued at $2,429,000 after purchasing an additional 7,520 shares during the last quarter.

iShares National Muni Bond ETF Stock Up 0.1 %

Shares of iShares National Muni Bond ETF stock opened at $108.70 on Wednesday. The business has a fifty day simple moving average of $108.01 and a two-hundred day simple moving average of $107.18. iShares National Muni Bond ETF has a 1 year low of $100.78 and a 1 year high of $108.82.

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).