Chesapeake Wealth Management Makes New $547,000 Investment in iShares National Muni Bond ETF (NYSEARCA:MUB)

Chesapeake Wealth Management bought a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,130 shares of the exchange traded fund’s stock, valued at approximately $547,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Accretive Wealth Partners LLC acquired a new position in shares of iShares National Muni Bond ETF in the 4th quarter worth approximately $285,000. Aveo Capital Partners LLC lifted its holdings in shares of iShares National Muni Bond ETF by 89.4% during the fourth quarter. Aveo Capital Partners LLC now owns 53,117 shares of the exchange traded fund’s stock valued at $5,758,000 after acquiring an additional 25,078 shares during the period. Gryphon Financial Partners LLC bought a new position in shares of iShares National Muni Bond ETF during the fourth quarter valued at $1,309,000. Certus Wealth Management LLC boosted its stake in shares of iShares National Muni Bond ETF by 14.5% in the 4th quarter. Certus Wealth Management LLC now owns 5,484 shares of the exchange traded fund’s stock valued at $595,000 after purchasing an additional 693 shares in the last quarter. Finally, D.A. Davidson & CO. grew its holdings in shares of iShares National Muni Bond ETF by 29.9% in the 4th quarter. D.A. Davidson & CO. now owns 20,420 shares of the exchange traded fund’s stock worth $2,214,000 after purchasing an additional 4,696 shares during the last quarter.

iShares National Muni Bond ETF Price Performance

Shares of MUB stock opened at $108.36 on Friday. iShares National Muni Bond ETF has a 12-month low of $100.78 and a 12-month high of $108.82. The firm has a 50-day moving average price of $107.84 and a 200 day moving average price of $107.16.

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).