Curtis Wealth Management LLC Buys New Stake in iShares National Muni Bond ETF $MUB

Curtis Wealth Management LLC bought a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,126 shares of the exchange traded fund’s stock, valued at approximately $983,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MUB. Wellington Management Group LLP purchased a new stake in iShares National Muni Bond ETF during the third quarter valued at approximately $387,198,000. Bank of America Corp DE lifted its position in 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 valued at $3,574,913,000 after acquiring an additional 3,026,165 shares during the last quarter. Allstate Corp lifted its position in iShares National Muni Bond ETF by 173.3% during the fourth quarter. Allstate Corp now owns 3,016,409 shares of the exchange traded fund’s stock valued at $323,088,000 after acquiring an additional 1,912,851 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its position in 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 valued at $799,905,000 after acquiring an additional 1,261,391 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its position in 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 valued at $1,147,557,000 after acquiring an additional 988,044 shares during the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

NYSEARCA:MUB opened at $106.97 on Friday. iShares National Muni Bond ETF has a 52 week low of $103.14 and a 52 week high of $109.00. The firm has a 50 day moving average of $106.74 and a 200 day moving average of $107.18.

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.