Petersen Hastings Wealth Advisors Inc. purchased a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 36,698 shares of the exchange traded fund’s stock, valued at approximately $3,931,000. iShares National Muni Bond ETF comprises approximately 0.4% of Petersen Hastings Wealth Advisors Inc.’s portfolio, making the stock its 17th biggest holding.
Several other large investors also recently modified their holdings of the stock. Bank of America Corp DE raised its position in shares of iShares National Muni Bond ETF by 9.9% in 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 during the period. Creative Planning raised its position in shares of iShares National Muni Bond ETF by 6.9% in 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 purchasing an additional 851,224 shares during the period. Fisher Asset Management LLC raised its position in shares of iShares National Muni Bond ETF by 10.2% in the fourth quarter. Fisher Asset Management LLC now owns 10,713,817 shares of the exchange traded fund’s stock valued at $1,147,557,000 after purchasing an additional 988,044 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares National Muni Bond ETF by 4.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 8,431,113 shares of the exchange traded fund’s stock valued at $903,056,000 after purchasing an additional 328,494 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its position in shares of iShares National Muni Bond ETF by 20.2% in 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 during the period. 90.19% of the stock is owned by institutional investors.
iShares National Muni Bond ETF Stock Up 0.2%
NYSEARCA:MUB opened at $107.19 on Friday. iShares National Muni Bond ETF has a 52 week low of $103.14 and a 52 week high of $109.00. The firm’s 50-day simple moving average is $106.72 and its 200 day simple moving average is $107.18.
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). 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.
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