Idaho Trust Bank Invests $811,000 in iShares National Muni Bond ETF (NYSEARCA:MUB)

Idaho Trust Bank purchased a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 7,616 shares of the exchange traded fund’s stock, valued at approximately $811,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MUB. Citizens & Northern Corp acquired a new position in shares of iShares National Muni Bond ETF in the fourth quarter valued at approximately $324,000. TSA Wealth Managment LLC purchased a new position in iShares National Muni Bond ETF during the 4th quarter worth $221,000. Chesapeake Capital Corp IL acquired a new stake in shares of iShares National Muni Bond ETF in the 4th quarter worth $3,298,000. Peapack Gladstone Financial Corp boosted its holdings in shares of iShares National Muni Bond ETF by 36.3% in the fourth quarter. Peapack Gladstone Financial Corp now owns 46,687 shares of the exchange traded fund’s stock valued at $5,061,000 after acquiring an additional 12,442 shares in the last quarter. Finally, Morningstar Investment Services LLC increased its stake in shares of iShares National Muni Bond ETF by 134.3% during the fourth quarter. Morningstar Investment Services LLC now owns 320,602 shares of the exchange traded fund’s stock worth $34,782,000 after acquiring an additional 183,772 shares during the period.

iShares National Muni Bond ETF Price Performance

NYSEARCA MUB opened at $108.37 on Thursday. The firm has a 50-day moving average price of $107.64 and a 200 day moving average price of $107.13. iShares National Muni Bond ETF has a 52-week low of $100.78 and a 52-week high of $108.82.

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).