Investment Research Partners LLC Acquires Shares of 27,624 iShares National Muni Bond ETF $MUB

Investment Research Partners LLC acquired a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 27,624 shares of the exchange traded fund’s stock, valued at approximately $2,967,000. iShares National Muni Bond ETF accounts for about 1.3% of Investment Research Partners LLC’s portfolio, making the stock its 13th largest holding.

Several other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in iShares National Muni Bond ETF by 5.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,576,697 shares of the exchange traded fund’s stock worth $487,373,000 after purchasing an additional 241,486 shares during the period. Manhattan West Asset Management LLC grew its holdings in iShares National Muni Bond ETF by 4.6% in the third quarter. Manhattan West Asset Management LLC now owns 128,624 shares of the exchange traded fund’s stock valued at $13,697,000 after purchasing an additional 5,654 shares during the period. Graybill Wealth Management LTD. grew its holdings in iShares National Muni Bond ETF by 1.6% in the third quarter. Graybill Wealth Management LTD. now owns 6,457 shares of the exchange traded fund’s stock valued at $688,000 after purchasing an additional 100 shares during the period. CIBC Bancorp USA Inc. purchased a new stake in shares of iShares National Muni Bond ETF in the third quarter valued at approximately $12,404,000. Finally, Maple Capital Management Inc. increased its position in shares of iShares National Muni Bond ETF by 15.2% in the third quarter. Maple Capital Management Inc. now owns 5,320 shares of the exchange traded fund’s stock valued at $567,000 after buying an additional 703 shares in the last quarter. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Down 0.2%

Shares of MUB stock opened at $106.97 on Thursday. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $109.00. The stock has a 50 day simple moving average of $107.82 and a 200-day simple moving average of $107.17.

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.