First Horizon Corp Invests $3.37 Million in iShares National Muni Bond ETF $MUB

First Horizon Corp bought a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 31,597 shares of the exchange traded fund’s stock, valued at approximately $3,365,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Brighton Jones LLC bought a new position in shares of iShares National Muni Bond ETF in the fourth quarter worth approximately $325,000. Revolve Wealth Partners LLC raised its holdings in iShares National Muni Bond ETF by 10.7% during the 4th quarter. Revolve Wealth Partners LLC now owns 124,193 shares of the exchange traded fund’s stock valued at $13,233,000 after buying an additional 11,989 shares during the last quarter. Bison Wealth LLC purchased a new stake in iShares National Muni Bond ETF during the 4th quarter valued at $516,000. AQR Capital Management LLC grew its holdings in iShares National Muni Bond ETF by 21.2% in the 1st quarter. AQR Capital Management LLC now owns 13,285 shares of the exchange traded fund’s stock worth $1,401,000 after acquiring an additional 2,322 shares during the last quarter. Finally, Parallel Advisors LLC increased its position in shares of iShares National Muni Bond ETF by 22.0% in the second quarter. Parallel Advisors LLC now owns 28,774 shares of the exchange traded fund’s stock valued at $3,006,000 after acquiring an additional 5,190 shares during the period. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Down 0.1%

Shares of NYSEARCA:MUB opened at $107.55 on Tuesday. The company has a 50-day moving average price of $107.11 and a 200-day moving average price of $105.92. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $107.72.

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.