Cambria Investment Management L.P. boosted its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,174 shares of the exchange traded fund’s stock after buying an additional 276 shares during the quarter. Cambria Investment Management L.P.’s holdings in iShares National Muni Bond ETF were worth $2,243,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the stock. Sound Income Strategies LLC bought a new position in iShares National Muni Bond ETF during the first quarter worth $26,000. Proficio Capital Partners LLC purchased a new stake in iShares National Muni Bond ETF in the 4th quarter worth approximately $31,000. Old North State Trust LLC purchased a new stake in iShares National Muni Bond ETF in the 4th quarter worth approximately $32,000. Parkside Financial Bank & Trust purchased a new stake in iShares National Muni Bond ETF in the 1st quarter worth approximately $38,000. Finally, Patriot Financial Group Insurance Agency LLC purchased a new stake in iShares National Muni Bond ETF in the 1st quarter worth approximately $43,000.
iShares National Muni Bond ETF stock traded up $0.03 during midday trading on Friday, hitting $112.78. The stock had a trading volume of 460,100 shares, compared to its average volume of 906,028. iShares National Muni Bond ETF has a 52-week low of $106.42 and a 52-week high of $113.04.
The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Tuesday, June 4th were issued a $0.2403 dividend. This represents a $2.88 annualized dividend and a yield of 2.56%. This is a positive change from iShares National Muni Bond ETF’s previous monthly dividend of $0.23. The ex-dividend date of this dividend was Monday, June 3rd.
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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).
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