Confluence Wealth Services Inc. Raises Holdings in iShares National Muni Bond ETF $MUB

Confluence Wealth Services Inc. increased its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 7.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 82,922 shares of the exchange traded fund’s stock after acquiring an additional 5,422 shares during the period. Confluence Wealth Services Inc.’s holdings in iShares National Muni Bond ETF were worth $8,830,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of MUB. Granite Harbor Advisors Inc. lifted its position in shares of iShares National Muni Bond ETF by 10.1% in the second quarter. Granite Harbor Advisors Inc. now owns 93,593 shares of the exchange traded fund’s stock valued at $9,779,000 after acquiring an additional 8,596 shares in the last quarter. Brookstone Capital Management raised its stake in iShares National Muni Bond ETF by 31.5% in the 3rd quarter. Brookstone Capital Management now owns 130,663 shares of the exchange traded fund’s stock valued at $13,914,000 after purchasing an additional 31,324 shares during the last quarter. Allen Capital Group LLC raised its stake in iShares National Muni Bond ETF by 121.7% in the 3rd quarter. Allen Capital Group LLC now owns 11,413 shares of the exchange traded fund’s stock valued at $1,215,000 after purchasing an additional 6,265 shares during the last quarter. First Horizon Corp acquired a new stake in shares of iShares National Muni Bond ETF in the third quarter valued at about $3,365,000. Finally, Montecito Bank & Trust purchased a new position in shares of iShares National Muni Bond ETF in the third quarter worth about $645,000. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Down 0.1%

Shares of NYSEARCA MUB opened at $107.61 on Friday. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $107.85. The company has a 50-day moving average of $107.15 and a 200 day moving average of $105.99.

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.