iShares National Muni Bond ETF $MUB Stock Position Increased by Global Wealth Strategies & Associates

Global Wealth Strategies & Associates grew its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 4.6% during the fourth quarter, Holdings Channel reports. The firm owned 108,465 shares of the exchange traded fund’s stock after acquiring an additional 4,726 shares during the period. iShares National Muni Bond ETF makes up approximately 2.9% of Global Wealth Strategies & Associates’ portfolio, making the stock its 7th largest position. Global Wealth Strategies & Associates’ holdings in iShares National Muni Bond ETF were worth $11,618,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of iShares National Muni Bond ETF by 9.9% during the third quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock worth $3,574,913,000 after purchasing an additional 3,026,165 shares during the period. Betterment LLC increased its holdings in iShares National Muni Bond ETF by 1.0% in the 2nd quarter. Betterment LLC now owns 18,584,233 shares of the exchange traded fund’s stock worth $1,941,681,000 after buying an additional 175,531 shares during the period. Creative Planning raised its position in iShares National Muni Bond ETF by 6.9% during the 3rd quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock worth $1,404,732,000 after buying an additional 851,224 shares during the last quarter. Fisher Asset Management LLC raised its position in iShares National Muni Bond ETF by 9.1% during the 3rd quarter. Fisher Asset Management LLC now owns 9,725,773 shares of the exchange traded fund’s stock worth $1,035,698,000 after buying an additional 810,838 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in iShares National Muni Bond ETF by 9.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 8,102,619 shares of the exchange traded fund’s stock valued at $862,848,000 after acquiring an additional 710,666 shares during the period. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Down 0.2%

MUB stock opened at $106.97 on Thursday. The firm’s fifty day simple moving average is $107.82 and its 200-day simple moving average is $107.17. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $109.00.

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.