iShares National Muni Bond ETF $MUB Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 5.6% in the third quarter, HoldingsChannel reports. The firm owned 4,576,697 shares of the exchange traded fund’s stock after buying an additional 241,486 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares National Muni Bond ETF were worth $487,373,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Turning Point Benefit Group Inc. acquired a new position in shares of iShares National Muni Bond ETF during the third quarter worth $26,000. Hollencrest Capital Management acquired a new position in iShares National Muni Bond ETF during the 2nd quarter valued at approximately $26,000. Total Investment Management Inc. bought a new position in shares of iShares National Muni Bond ETF during the second quarter worth about $33,000. Imprint Wealth LLC acquired a new stake in shares of iShares National Muni Bond ETF in the third quarter valued at approximately $35,000. Finally, Inlight Wealth Management LLC bought a new stake in iShares National Muni Bond ETF during the 3rd quarter valued at $37,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.1%

iShares National Muni Bond ETF stock opened at $107.22 on Wednesday. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $109.00. The firm has a 50 day simple moving average of $107.83 and a 200-day simple moving average of $107.17.

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.