Heck Capital Advisors 13F: New $6.7M Stake in MUB

Heck Capital Advisors picked up a brand-new position in iShares National Muni Bond ETF MUB, according to a Form 13F filing with the SEC on October 14, 2026. Institutional holdings reports look backward at the end of a reporting quarter, meaning this snapshot shows where the fund stood previously and might not reflect active trading today.

Inside Heck Capital Advisors's iShares National Muni Bond ETF Trade

The firm opened a fresh stake by picking up 66,367 shares of the municipal bond fund. The newly disclosed holding had an estimated value of $6,709,704 at the time of the report. Because this was a new buy, there was no prior share count or percentage change to report.

iShares National Muni Bond ETF Stock Down 0.1%

iShares National Muni Bond ETF recently traded around $102.41 as of October 16, 2026. The shares sit about 1.0% below the 50-day moving average of $103.44 and roughly 3.5% below the 200-day moving average of $106.18. The price rests 6.0% below its 52-week high of $109.00 and about 2.3% above its 52-week low of $100.07.

Dividend

The fund distributes an annual dividend yield of 3.4% to investors seeking tax-exempt income from municipal securities.

About iShares National Muni Bond ETF

iShares National Muni Bond ETF is an exchange-traded fund that tracks an index of municipal bonds. The interest earned on these underlying bonds is generally exempt from federal income taxes. The fund invests the large majority of its assets in fixed income securities designed to match the performance and risk profile of its target index.

Bottom Line

Investors tracking Heck Capital Advisors will want to watch future 13F filings to see if the firm holds onto or grows this municipal bond position. Remember that 13F filings only reveal past portfolio choices rather than live, daily market moves. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.