Elm Partners Management LLC Boosts Stock Holdings in iShares National Muni Bond ETF $MUB

Elm Partners Management LLC lifted its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 159.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 130,108 shares of the exchange traded fund’s stock after acquiring an additional 79,956 shares during the quarter. iShares National Muni Bond ETF accounts for about 0.6% of Elm Partners Management LLC’s portfolio, making the stock its 24th largest position. Elm Partners Management LLC’s holdings in iShares National Muni Bond ETF were worth $13,936,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Bank of America Corp DE increased its position in shares of iShares National Muni Bond ETF by 9.9% during the third quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock worth $3,574,913,000 after acquiring an additional 3,026,165 shares during the period. Creative Planning increased its position in shares of iShares National Muni Bond ETF by 6.9% during the third quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock worth $1,404,732,000 after acquiring an additional 851,224 shares during the period. Fisher Asset Management LLC increased its position in shares of iShares National Muni Bond ETF by 10.2% during the fourth quarter. Fisher Asset Management LLC now owns 10,713,817 shares of the exchange traded fund’s stock worth $1,147,557,000 after acquiring an additional 988,044 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares National Muni Bond ETF by 4.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 8,431,113 shares of the exchange traded fund’s stock worth $903,056,000 after acquiring an additional 328,494 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its position in shares of iShares National Muni Bond ETF by 20.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock worth $799,905,000 after acquiring an additional 1,261,391 shares during the period. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Up 0.1%

iShares National Muni Bond ETF stock opened at $107.17 on Friday. iShares National Muni Bond ETF has a twelve month low of $103.14 and a twelve month high of $109.00. The stock’s fifty day simple moving average is $106.65 and its 200-day simple moving average is $107.19.

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.