8,300 Shares in iShares National Muni Bond ETF $MUB Purchased by Parthenon LLC

Parthenon LLC purchased a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 8,300 shares of the exchange traded fund’s stock, valued at approximately $839,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its position in shares of iShares National Muni Bond ETF by 12.8% during the 1st quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock worth $4,470,365,000 after buying an additional 4,763,839 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares National Muni Bond ETF by 5.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock valued at $1,892,488,000 after buying an additional 880,501 shares during the last quarter. Wedmont Private Capital grew its position in shares of iShares National Muni Bond ETF by 158.7% in the 3rd quarter. Wedmont Private Capital now owns 1,235,371 shares of the exchange traded fund’s stock valued at $124,451,000 after buying an additional 757,882 shares during the last quarter. Forvis Mazars Wealth Advisors LLC acquired a new stake in iShares National Muni Bond ETF during the 3rd quarter worth $66,371,000. Finally, Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in iShares National Muni Bond ETF during the 3rd quarter worth $59,755,000. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Price Performance

MUB traded up $0.19 on Friday, reaching $103.43. The company had a trading volume of 10,228,927 shares, compared to its average volume of 6,071,850. iShares National Muni Bond ETF has a 1 year low of $100.07 and a 1 year high of $109.00. The stock has a 50-day moving average price of $103.02 and a 200-day moving average price of $105.43.

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.