JPMorgan Chase & Co. Buys 241,486 Shares of iShares National Muni Bond ETF $MUB

JPMorgan Chase & Co. raised its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 5.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,576,697 shares of the exchange traded fund’s stock after purchasing an additional 241,486 shares during the period. JPMorgan Chase & Co. owned 1.20% of iShares National Muni Bond ETF worth $487,373,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Hollencrest Capital Management bought a new stake in iShares National Muni Bond ETF during the second quarter valued at about $26,000. Total Investment Management Inc. acquired a new position in shares of iShares National Muni Bond ETF during the 2nd quarter worth about $33,000. Inlight Wealth Management LLC bought a new stake in iShares National Muni Bond ETF during the 3rd quarter valued at approximately $37,000. Evolution Wealth Management Inc. acquired a new stake in iShares National Muni Bond ETF in the 2nd quarter valued at approximately $44,000. Finally, Financial Network Wealth Advisors LLC increased its position in iShares National Muni Bond ETF by 83.8% in the 3rd quarter. Financial Network Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock worth $50,000 after buying an additional 212 shares during the period. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Price Performance

MUB opened at $108.31 on Thursday. The business has a 50 day moving average of $107.47 and a 200-day moving average of $106.64. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $108.43.

iShares National Muni Bond ETF Company 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.