Axxcess Wealth Management LLC Raises Stake in iShares National Muni Bond ETF $MUB

Axxcess Wealth Management LLC lifted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 210,915 shares of the exchange traded fund’s stock after buying an additional 6,595 shares during the period. Axxcess Wealth Management LLC owned approximately 0.05% of iShares National Muni Bond ETF worth $22,591,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Advyzon Investment Management LLC boosted its holdings in iShares National Muni Bond ETF by 18.1% in the third quarter. Advyzon Investment Management LLC now owns 41,426 shares of the exchange traded fund’s stock valued at $4,411,000 after acquiring an additional 6,349 shares during the last quarter. Aegis Wealth Management Inc. bought a new stake in shares of iShares National Muni Bond ETF in the 4th quarter valued at $552,000. Confluence Investment Management LLC boosted its stake in shares of iShares National Muni Bond ETF by 30.9% in the 4th quarter. Confluence Investment Management LLC now owns 29,933 shares of the exchange traded fund’s stock valued at $3,206,000 after purchasing an additional 7,072 shares during the last quarter. Cahaba Wealth Management Inc. increased its position in shares of iShares National Muni Bond ETF by 3.4% during the fourth quarter. Cahaba Wealth Management Inc. now owns 350,964 shares of the exchange traded fund’s stock worth $37,592,000 after buying an additional 11,597 shares during the period. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in shares of iShares National Muni Bond ETF during the third quarter worth $777,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA MUB opened at $107.33 on Friday. iShares National Muni Bond ETF has a twelve month low of $103.14 and a twelve month high of $109.00. The firm has a fifty day simple moving average of $106.90 and a 200 day simple moving average of $107.17.

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.