Telemus Capital LLC Grows Stock Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Telemus Capital LLC lifted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 149.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,446 shares of the exchange traded fund’s stock after purchasing an additional 12,257 shares during the period. Telemus Capital LLC’s holdings in iShares National Muni Bond ETF were worth $2,217,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. TIAA Trust National Association purchased a new stake in iShares National Muni Bond ETF during the 3rd quarter worth about $1,271,354,000. Wealthfront Advisers LLC increased its position in shares of iShares National Muni Bond ETF by 719.6% during the third quarter. Wealthfront Advisers LLC now owns 8,621,111 shares of the exchange traded fund’s stock worth $884,009,000 after purchasing an additional 7,569,304 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of iShares National Muni Bond ETF during the third quarter worth about $577,800,000. Charles Schwab Investment Advisory Inc. increased its position in shares of iShares National Muni Bond ETF by 79.6% during the third quarter. Charles Schwab Investment Advisory Inc. now owns 9,555,324 shares of the exchange traded fund’s stock worth $979,803,000 after purchasing an additional 4,234,737 shares in the last quarter. Finally, Orgel Wealth Management LLC increased its position in shares of iShares National Muni Bond ETF by 1,262.2% during the fourth quarter. Orgel Wealth Management LLC now owns 3,827,435 shares of the exchange traded fund’s stock worth $414,932,000 after purchasing an additional 3,546,457 shares in the last quarter.

iShares National Muni Bond ETF Trading Up 0.1 %

MUB opened at $106.55 on Tuesday. The business’s 50-day simple moving average is $107.41 and its 200-day simple moving average is $106.40. iShares National Muni Bond ETF has a one year low of $100.78 and a one year high of $108.82.

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).