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Founders Capital Management trimmed its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 53.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 390 shares of the exchange traded fund’s stock after selling 440 shares during the period. Founders Capital Management’s holdings in iShares National Muni Bond ETF were worth $43,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Curbstone Financial Management Corp increased its holdings in shares of iShares National Muni Bond ETF by 0.6% during the fourth quarter. Curbstone Financial Management Corp now owns 70,700 shares of the exchange traded fund’s stock worth $7,709,000 after buying an additional 450 shares in the last quarter. Founders Financial Securities LLC boosted its position in shares of iShares National Muni Bond ETF by 5.4% during the third quarter. Founders Financial Securities LLC now owns 9,176 shares of the exchange traded fund’s stock worth $990,000 after purchasing an additional 471 shares in the last quarter. Duncker Streett & Co. Inc. boosted its position in shares of iShares National Muni Bond ETF by 4.2% during the third quarter. Duncker Streett & Co. Inc. now owns 12,400 shares of the exchange traded fund’s stock worth $1,338,000 after purchasing an additional 500 shares in the last quarter. Winfield Associates Inc. lifted its position in iShares National Muni Bond ETF by 15.7% in the 3rd quarter. Winfield Associates Inc. now owns 3,675 shares of the exchange traded fund’s stock valued at $397,000 after acquiring an additional 500 shares in the last quarter. Finally, Smart Money Group LLC lifted its position in iShares National Muni Bond ETF by 12.9% in the 3rd quarter. Smart Money Group LLC now owns 4,487 shares of the exchange traded fund’s stock valued at $484,000 after acquiring an additional 512 shares in the last quarter.
MUB stock traded up $0.08 during midday trading on Monday, hitting $109.01. The company’s stock had a trading volume of 43,243 shares, compared to its average volume of 1,612,357. iShares National Muni Bond ETF has a twelve month low of $106.42 and a twelve month high of $110.26.
The company also recently disclosed a monthly dividend, which was paid on Monday, December 24th. Stockholders of record on Wednesday, December 19th were paid a dividend of $0.2198 per share. The ex-dividend date was Tuesday, December 18th. This represents a $2.64 annualized dividend and a dividend yield of 2.42%.
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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).
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