Crewe Advisors LLC boosted its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 3.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 215,722 shares of the exchange traded fund’s stock after purchasing an additional 6,438 shares during the period. iShares National Muni Bond ETF makes up 2.0% of Crewe Advisors LLC’s portfolio, making the stock its 14th biggest position. Crewe Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $23,106,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in the company. Hollencrest Capital Management purchased a new position in iShares National Muni Bond ETF in the 2nd quarter valued at about $26,000. Turning Point Benefit Group Inc. acquired a new stake in shares of iShares National Muni Bond ETF during the third quarter valued at about $26,000. Total Investment Management Inc. purchased a new stake in shares of iShares National Muni Bond ETF during the second quarter worth about $33,000. Imprint Wealth LLC purchased a new stake in shares of iShares National Muni Bond ETF during the third quarter worth about $35,000. Finally, Inlight Wealth Management LLC acquired a new position in shares of iShares National Muni Bond ETF in the third quarter worth about $37,000. 90.19% of the stock is owned by institutional investors and hedge funds.
iShares National Muni Bond ETF Price Performance
Shares of MUB opened at $106.49 on Friday. iShares National Muni Bond ETF has a one year low of $100.29 and a one year high of $109.00. The stock has a 50-day moving average price of $107.49 and a 200 day moving average price of $107.21.
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.
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