Brightwater Advisory LLC Acquires Shares of 1,023 iShares National Muni Bond ETF $MUB

Brightwater Advisory LLC acquired a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,023 shares of the exchange traded fund’s stock, valued at approximately $108,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MUB. US Bancorp DE lifted its stake in iShares National Muni Bond ETF by 34.4% in the second quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock valued at $767,087,000 after buying an additional 1,877,664 shares during the last quarter. Allstate Corp increased its holdings in shares of iShares National Muni Bond ETF by 91.2% in the first quarter. Allstate Corp now owns 3,017,964 shares of the exchange traded fund’s stock valued at $318,214,000 after purchasing an additional 1,439,584 shares during the period. Park Avenue Securities LLC acquired a new position in shares of iShares National Muni Bond ETF in the second quarter valued at approximately $116,279,000. Silver Oak Securities Incorporated acquired a new position in shares of iShares National Muni Bond ETF in the first quarter valued at approximately $111,955,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of iShares National Muni Bond ETF by 9.6% in the first 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 purchasing an additional 802,170 shares during the period. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

NYSEARCA:MUB opened at $106.85 on Friday. The stock’s 50 day simple moving average is $105.32 and its 200-day simple moving average is $104.42. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $108.60.

About iShares National Muni Bond ETF

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).