Wealthcare Advisory Partners LLC Has $49.72 Million Stake in iShares National Muni Bond ETF $MUB

Wealthcare Advisory Partners LLC raised its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 11.5% during the third quarter, Holdings Channel reports. The institutional investor owned 466,899 shares of the exchange traded fund’s stock after buying an additional 48,070 shares during the quarter. iShares National Muni Bond ETF makes up about 1.0% of Wealthcare Advisory Partners LLC’s holdings, making the stock its 19th largest position. Wealthcare Advisory Partners LLC’s holdings in iShares National Muni Bond ETF were worth $49,720,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in MUB. Envestnet Asset Management Inc. lifted its stake in iShares National Muni Bond ETF by 4.6% during the second quarter. Envestnet Asset Management Inc. now owns 20,357,173 shares of the exchange traded fund’s stock worth $2,126,917,000 after purchasing an additional 890,804 shares during the last quarter. Betterment LLC lifted its holdings in iShares National Muni Bond ETF by 1.0% in the second quarter. Betterment LLC now owns 18,584,233 shares of the exchange traded fund’s stock worth $1,941,681,000 after buying an additional 175,531 shares during the period. Fisher Asset Management LLC boosted its holdings in shares of iShares National Muni Bond ETF by 43.0% during the 2nd quarter. Fisher Asset Management LLC now owns 8,914,935 shares of the exchange traded fund’s stock valued at $931,432,000 after buying an additional 2,679,139 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of iShares National Muni Bond ETF by 5.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 7,528,127 shares of the exchange traded fund’s stock worth $786,539,000 after purchasing an additional 369,771 shares in the last quarter. Finally, TIAA Trust National Association lifted its stake in shares of iShares National Muni Bond ETF by 3.8% in the second quarter. TIAA Trust National Association now owns 5,265,134 shares of the exchange traded fund’s stock worth $550,099,000 after buying an additional 190,861 shares in the last quarter. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Trading Up 0.2%

iShares National Muni Bond ETF stock opened at $108.26 on Tuesday. iShares National Muni Bond ETF has a one year low of $100.29 and a one year high of $108.38. The stock has a fifty day moving average of $107.41 and a 200 day moving average of $106.60.

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). The Index measures the performance of the investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.