Axxcess Wealth Management LLC Acquires 163,279 Shares of iShares National Muni Bond ETF $MUB

Axxcess Wealth Management LLC raised its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 79.9% in the fourth quarter, HoldingsChannel reports. The firm owned 367,599 shares of the exchange traded fund’s stock after buying an additional 163,279 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $39,374,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of MUB. Advyzon Investment Management LLC boosted its stake in iShares National Muni Bond ETF by 18.1% during the 3rd quarter. Advyzon Investment Management LLC now owns 41,426 shares of the exchange traded fund’s stock valued at $4,411,000 after purchasing an additional 6,349 shares during the last quarter. Aegis Wealth Management Inc. purchased a new stake in iShares National Muni Bond ETF during the 4th quarter valued at $552,000. BIP Wealth LLC boosted its stake in iShares National Muni Bond ETF by 171.2% during the 3rd quarter. BIP Wealth LLC now owns 71,152 shares of the exchange traded fund’s stock valued at $7,577,000 after purchasing an additional 44,917 shares during the last quarter. Cardinal Point Capital Management ULC boosted its stake in iShares National Muni Bond ETF by 9.0% during the 3rd quarter. Cardinal Point Capital Management ULC now owns 349,470 shares of the exchange traded fund’s stock valued at $37,397,000 after purchasing an additional 28,823 shares during the last quarter. Finally, Confluence Investment Management LLC boosted its stake in iShares National Muni Bond ETF by 30.9% during the 4th quarter. Confluence Investment Management LLC now owns 29,933 shares of the exchange traded fund’s stock valued at $3,206,000 after purchasing an additional 7,072 shares during the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.1%

Shares of MUB opened at $106.08 on Friday. The business’s fifty day simple moving average is $106.71 and its two-hundred day simple moving average is $107.21. iShares National Muni Bond ETF has a 12 month low of $103.14 and a 12 month 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.