Ritholtz Wealth Management Makes New $615,000 Investment in iShares National Muni Bond ETF $MUB

Ritholtz Wealth Management purchased a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 5,798 shares of the exchange traded fund’s stock, valued at approximately $615,000.

Several other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE grew its stake in shares of iShares National Muni Bond ETF by 11.3% during the 4th 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 in the last quarter. Wellington Management Group LLP bought a new stake in shares of iShares National Muni Bond ETF in the third quarter worth $387,198,000. Allstate Corp boosted its holdings 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 worth $323,088,000 after purchasing an additional 1,912,851 shares during the last quarter. Betterment LLC grew its position in iShares National Muni Bond ETF by 9.5% in the fourth quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock valued at $2,034,042,000 after purchasing an additional 1,646,689 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its position in iShares National Muni Bond ETF by 20.2% in 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 purchasing an additional 1,261,391 shares in the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.1%

Shares of MUB stock opened at $107.62 on Wednesday. The firm’s fifty day moving average price is $106.98 and its two-hundred day moving average price is $107.20. iShares National Muni Bond ETF has a 1 year low of $103.14 and a 1 year high of $109.00.

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.