M Holdings Securities Inc. Purchases 16,195 Shares of iShares National Muni Bond ETF $MUB

M Holdings Securities Inc. acquired a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 16,195 shares of the exchange traded fund’s stock, valued at approximately $1,645,000.

Several other hedge funds have also added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in iShares National Muni Bond ETF by 12.8% in the first quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock valued at $4,470,365,000 after acquiring an additional 4,763,839 shares during the period. Commonwealth Equity Services LLC acquired a new stake in shares of iShares National Muni Bond ETF during the third quarter worth about $279,664,000. Park Avenue Securities LLC acquired a new stake in shares of iShares National Muni Bond ETF during the third quarter worth about $153,414,000. Signaturefd LLC acquired a new stake in shares of iShares National Muni Bond ETF during the third quarter worth about $92,707,000. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of iShares National Muni Bond ETF by 5.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock valued at $1,892,488,000 after purchasing an additional 880,501 shares in the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.1%

NYSEARCA:MUB opened at $104.98 on Tuesday. The business’s 50-day simple moving average is $102.77 and its 200-day simple moving average is $105.86. iShares National Muni Bond ETF has a fifty-two week low of $100.07 and a fifty-two 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.