HB Wealth Management LLC Grows Stake in iShares National Muni Bond ETF $MUB

HB Wealth Management LLC raised its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 379.6% during the first quarter, Holdings Channel.com reports. The institutional investor owned 26,799 shares of the exchange traded fund’s stock after buying an additional 21,211 shares during the quarter. HB Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $2,845,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in MUB. Bank of America Corp DE lifted its stake in iShares National Muni Bond ETF by 11.3% in the fourth quarter. Bank of America Corp DE now owns 37,349,821 shares of the exchange traded fund’s stock worth $4,000,539,000 after acquiring an additional 3,779,406 shares during the period. Betterment LLC raised its holdings in iShares National Muni Bond ETF by 9.5% in the 4th quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock worth $2,034,042,000 after purchasing an additional 1,646,689 shares in the last quarter. Creative Planning raised its holdings in iShares National Muni Bond ETF by 6.9% in the 3rd quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock worth $1,404,732,000 after purchasing an additional 851,224 shares in the last quarter. LPL Financial LLC lifted its position in shares of iShares National Muni Bond ETF by 6.0% in the 4th quarter. LPL Financial LLC now owns 11,099,309 shares of the exchange traded fund’s stock worth $1,188,847,000 after purchasing an additional 632,378 shares during the period. Finally, Fisher Asset Management LLC boosted its stake in shares of iShares National Muni Bond ETF by 10.2% during the 4th 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 purchasing an additional 988,044 shares in the last quarter. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $107.50 on Monday. iShares National Muni Bond ETF has a 1 year low of $103.14 and a 1 year high of $109.00. The company’s 50-day moving average is $106.98 and its 200 day moving average is $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.