Resonant Capital Advisors LLC Raises Stock Position in iShares National Muni Bond ETF $MUB

Resonant Capital Advisors LLC lifted its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 5.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 144,086 shares of the exchange traded fund’s stock after acquiring an additional 7,710 shares during the quarter. iShares National Muni Bond ETF accounts for about 1.0% of Resonant Capital Advisors LLC’s holdings, making the stock its 27th biggest position. Resonant Capital Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $15,054,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. US Bancorp DE boosted its position in iShares National Muni Bond ETF by 34.4% during the second quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock worth $767,087,000 after purchasing an additional 1,877,664 shares in the last quarter. Allstate Corp raised its stake in shares of iShares National Muni Bond ETF by 91.2% during the 1st quarter. Allstate Corp now owns 3,017,964 shares of the exchange traded fund’s stock worth $318,214,000 after buying an additional 1,439,584 shares during the last quarter. Park Avenue Securities LLC purchased a new stake in shares of iShares National Muni Bond ETF in the 2nd quarter worth about $116,279,000. Charles Schwab Investment Management Inc. grew its stake in iShares National Muni Bond ETF by 9.6% in 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. Finally, Raymond James Financial Inc. grew its stake in iShares National Muni Bond ETF by 57.1% in the 1st quarter. Raymond James Financial Inc. now owns 1,743,638 shares of the exchange traded fund’s stock valued at $183,849,000 after acquiring an additional 633,905 shares during the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of MUB opened at $107.60 on Friday. The company has a 50-day moving average of $105.98 and a two-hundred day moving average of $104.61. 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).