Synergy Asset Management LLC Takes Position in iShares National Muni Bond ETF $MUB

Synergy Asset Management LLC purchased a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 6,036 shares of the exchange traded fund’s stock, valued at approximately $631,000.

A number of other large investors have also recently modified their holdings of the business. Betterment LLC boosted its position in shares of iShares National Muni Bond ETF by 0.8% during the 1st quarter. Betterment LLC now owns 18,408,702 shares of the exchange traded fund’s stock valued at $1,941,014,000 after acquiring an additional 150,443 shares during the last quarter. LPL Financial LLC boosted its position in shares of iShares National Muni Bond ETF by 3.1% during the 1st quarter. LPL Financial LLC now owns 9,936,130 shares of the exchange traded fund’s stock valued at $1,047,666,000 after acquiring an additional 299,520 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of iShares National Muni Bond ETF by 9.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 9,199,988 shares of the exchange traded fund’s stock valued at $970,047,000 after acquiring an additional 802,170 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares National Muni Bond ETF by 7.8% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 7,588,089 shares of the exchange traded fund’s stock valued at $800,088,000 after acquiring an additional 550,570 shares during the last quarter. Finally, TIAA Trust National Association boosted its position in shares of iShares National Muni Bond ETF by 3.9% during the 1st quarter. TIAA Trust National Association now owns 5,074,273 shares of the exchange traded fund’s stock valued at $535,031,000 after acquiring an additional 191,598 shares during the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.0%

Shares of MUB opened at $106.36 on Friday. The stock has a 50-day moving average price of $104.99 and a 200-day moving average price of $104.39. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $108.63.

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).