Founders Financial Securities LLC Purchases 13,632 Shares of iShares National Muni Bond ETF $MUB

Founders Financial Securities LLC raised its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 19.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,564 shares of the exchange traded fund’s stock after purchasing an additional 13,632 shares during the quarter. Founders Financial Securities LLC’s holdings in iShares National Muni Bond ETF were worth $9,155,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Bank of America Corp DE raised its position in iShares National Muni Bond ETF by 11.3% in the 4th quarter. Bank of America Corp DE now owns 37,349,821 shares of the exchange traded fund’s stock valued at $4,000,539,000 after buying an additional 3,779,406 shares during the last quarter. Betterment LLC lifted its stake in iShares National Muni Bond ETF by 9.5% in the 4th quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock valued at $2,034,042,000 after acquiring an additional 1,646,689 shares in the last quarter. Creative Planning boosted 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 acquiring an additional 851,224 shares during the last quarter. LPL Financial LLC boosted its position in iShares National Muni Bond ETF by 6.0% during the 4th quarter. LPL Financial LLC now owns 11,099,309 shares of the exchange traded fund’s stock worth $1,188,847,000 after acquiring an additional 632,378 shares during the last quarter. Finally, Fisher Asset Management LLC grew its stake in shares of iShares National Muni Bond ETF by 10.2% during the 4th quarter. Fisher Asset Management LLC now owns 10,713,817 shares of the exchange traded fund’s stock worth $1,147,557,000 after acquiring an additional 988,044 shares in the last quarter. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

NYSEARCA MUB opened at $107.33 on Friday. iShares National Muni Bond ETF has a 12-month low of $103.14 and a 12-month high of $109.00. The firm’s 50 day moving average is $106.91 and its 200-day moving average is $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.