Shrier Wealth Management LLC Invests $1.53 Million in iShares National Muni Bond ETF $MUB

Shrier Wealth Management LLC purchased a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,310 shares of the exchange traded fund’s stock, valued at approximately $1,533,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wellington Management Group LLP bought a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter valued at about $387,198,000. Bank of America Corp DE boosted its stake in shares of iShares National Muni Bond ETF by 9.9% during the third quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock valued at $3,574,913,000 after purchasing an additional 3,026,165 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of iShares National Muni Bond ETF by 20.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock valued at $799,905,000 after purchasing an additional 1,261,391 shares in the last quarter. Creative Planning increased its holdings in iShares National Muni Bond ETF by 6.9% during the third quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock valued at $1,404,732,000 after buying an additional 851,224 shares during the period. Finally, Fisher Asset Management LLC increased its holdings in iShares National Muni Bond ETF by 9.1% during the third quarter. Fisher Asset Management LLC now owns 9,725,773 shares of the exchange traded fund’s stock valued at $1,035,698,000 after buying an additional 810,838 shares during the period. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA:MUB opened at $106.15 on Wednesday. The firm has a 50 day moving average of $107.53 and a 200 day moving average of $107.22. iShares National Muni Bond ETF has a 52 week low of $100.29 and a 52 week high of $109.00.

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). 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.