Leo Wealth LLC Makes New $1.11 Million Investment in iShares National Muni Bond ETF $MUB

Leo Wealth LLC bought a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,343 shares of the exchange traded fund’s stock, valued at approximately $1,108,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brookstone Capital Management lifted its position 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 worth $13,914,000 after buying an additional 31,324 shares in the last quarter. Advyzon Investment Management LLC lifted its position in iShares National Muni Bond ETF by 18.1% in the 3rd quarter. Advyzon Investment Management LLC now owns 41,426 shares of the exchange traded fund’s stock worth $4,411,000 after buying an additional 6,349 shares in the last quarter. Allen Capital Group LLC lifted its position 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 worth $1,215,000 after buying an additional 6,265 shares in the last quarter. First Horizon Corp purchased a new stake in iShares National Muni Bond ETF in the 3rd quarter worth approximately $3,365,000. Finally, BIP Wealth LLC lifted its position in iShares National Muni Bond ETF by 171.2% in the 3rd quarter. BIP Wealth LLC now owns 71,152 shares of the exchange traded fund’s stock worth $7,577,000 after buying an additional 44,917 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.0%

MUB stock opened at $106.45 on Tuesday. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $109.00. The company has a 50 day moving average of $107.44 and a two-hundred day moving average of $107.22.

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.