Level Wealth Management LLC Purchases 9,600 Shares of iShares National Muni Bond ETF $MUB

Level Wealth Management LLC grew its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 21.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,997 shares of the exchange traded fund’s stock after acquiring an additional 9,600 shares during the period. iShares National Muni Bond ETF comprises 3.0% of Level Wealth Management LLC’s portfolio, making the stock its 8th largest holding. Level Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $5,750,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. BankPlus Wealth Management LLC raised its stake in shares of iShares National Muni Bond ETF by 1.9% during the 2nd quarter. BankPlus Wealth Management LLC now owns 5,443 shares of the exchange traded fund’s stock worth $569,000 after buying an additional 99 shares in the last quarter. SWS Partners lifted its stake in shares of iShares National Muni Bond ETF by 0.5% in the third quarter. SWS Partners now owns 20,895 shares of the exchange traded fund’s stock valued at $2,225,000 after purchasing an additional 99 shares during the period. Nvwm LLC grew its position in iShares National Muni Bond ETF by 2.2% during the third quarter. Nvwm LLC now owns 4,591 shares of the exchange traded fund’s stock worth $489,000 after buying an additional 100 shares during the period. Investment Planning Advisors Inc. increased its holdings in iShares National Muni Bond ETF by 0.7% in the third quarter. Investment Planning Advisors Inc. now owns 13,583 shares of the exchange traded fund’s stock valued at $1,446,000 after buying an additional 100 shares in the last quarter. Finally, Kagan Cocozza Asset Management lifted its position in shares of iShares National Muni Bond ETF by 1.6% during the 2nd quarter. Kagan Cocozza Asset Management now owns 6,862 shares of the exchange traded fund’s stock valued at $717,000 after acquiring an additional 109 shares during the period. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Performance

MUB opened at $107.65 on Thursday. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $107.72. The stock’s 50 day simple moving average is $107.10 and its 200 day simple moving average is $105.84.

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.