First Horizon Corp Grows Position in iShares National Muni Bond ETF $MUB

First Horizon Corp grew its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 27.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 40,275 shares of the exchange traded fund’s stock after buying an additional 8,678 shares during the period. First Horizon Corp’s holdings in iShares National Muni Bond ETF were worth $4,314,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. Friedenthal Financial bought a new stake in shares of iShares National Muni Bond ETF in the fourth quarter valued at approximately $46,000. Traphagen Investment Advisors LLC lifted its stake in shares of iShares National Muni Bond ETF by 8.7% during the 4th quarter. Traphagen Investment Advisors LLC now owns 52,071 shares of the exchange traded fund’s stock valued at $5,577,000 after buying an additional 4,173 shares in the last quarter. Wealth Enhancement Trust Services Inc. bought a new position in iShares National Muni Bond ETF in the 4th quarter worth approximately $1,223,000. Hobart Private Capital LLC boosted its holdings in iShares National Muni Bond ETF by 108.6% in the 4th quarter. Hobart Private Capital LLC now owns 45,671 shares of the exchange traded fund’s stock worth $4,892,000 after buying an additional 23,779 shares during the period. Finally, Jackson Grant Investment Advisers Inc. purchased a new position in iShares National Muni Bond ETF in the 4th quarter valued at approximately $74,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of MUB stock opened at $107.37 on Friday. The company’s fifty day simple moving average is $107.30 and its two-hundred day simple moving average is $107.25. iShares National Muni Bond ETF has a 1 year low of $102.38 and a 1 year high of $109.00.

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.