Summit Financial LLC Acquires 26,162 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Summit Financial LLC lifted its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 92.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,330 shares of the exchange traded fund’s stock after purchasing an additional 26,162 shares during the quarter. iShares National Muni Bond ETF accounts for approximately 0.6% of Summit Financial LLC’s investment portfolio, making the stock its 11th biggest holding. Summit Financial LLC’s holdings in iShares National Muni Bond ETF were worth $3,514,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in MUB. Wells Fargo & Company MN lifted its position in shares of iShares National Muni Bond ETF by 73.6% in the second quarter. Wells Fargo & Company MN now owns 4,698,764 shares of the exchange traded fund’s stock worth $531,383,000 after purchasing an additional 1,991,462 shares in the last quarter. Bank of America Corp DE raised its position in iShares National Muni Bond ETF by 7.9% during the second quarter. Bank of America Corp DE now owns 12,102,863 shares of the exchange traded fund’s stock worth $1,368,713,000 after acquiring an additional 882,363 shares in the last quarter. Envestnet Asset Management Inc. raised its position in iShares National Muni Bond ETF by 28.4% during the third quarter. Envestnet Asset Management Inc. now owns 3,104,400 shares of the exchange traded fund’s stock worth $354,212,000 after acquiring an additional 685,789 shares in the last quarter. Halbert Hargrove Russell LLC bought a new stake in iShares National Muni Bond ETF during the second quarter worth $51,992,000. Finally, Fisher Asset Management LLC raised its position in iShares National Muni Bond ETF by 15.2% during the second quarter. Fisher Asset Management LLC now owns 2,005,083 shares of the exchange traded fund’s stock worth $226,755,000 after acquiring an additional 265,132 shares in the last quarter.

NYSEARCA MUB traded down $0.02 on Friday, hitting $113.18. 565,838 shares of the stock were exchanged, compared to its average volume of 841,963. The business’s fifty day moving average is $114.01 and its 200 day moving average is $113.45. iShares National Muni Bond ETF has a 52 week low of $106.84 and a 52 week high of $115.42.

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).

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Institutional Ownership by Quarter for iShares National Muni Bond ETF (NYSEARCA:MUB)

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