Blue Chip Partners LLC Has $25.64 Million Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Blue Chip Partners LLC raised its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 6,242.8% in the fourth quarter, Holdings Channel reports. The firm owned 236,522 shares of the exchange traded fund’s stock after acquiring an additional 232,793 shares during the quarter. iShares National Muni Bond ETF accounts for 2.7% of Blue Chip Partners LLC’s holdings, making the stock its 10th biggest holding. Blue Chip Partners LLC’s holdings in iShares National Muni Bond ETF were worth $25,641,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Ruedi Wealth Management Inc. boosted its holdings in shares of iShares National Muni Bond ETF by 66.4% during the 4th quarter. Ruedi Wealth Management Inc. now owns 253 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 101 shares during the last quarter. Bfsg LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter valued at about $30,000. CNB Bank purchased a new position in shares of iShares National Muni Bond ETF in the third quarter worth approximately $31,000. TFC Financial Management Inc. purchased a new position in shares of iShares National Muni Bond ETF in the third quarter worth approximately $37,000. Finally, Oakworth Capital Inc. purchased a new position in shares of iShares National Muni Bond ETF in the third quarter worth approximately $46,000.

iShares National Muni Bond ETF Stock Performance

Shares of MUB traded down $0.01 on Friday, reaching $106.12. The company’s stock had a trading volume of 3,049,022 shares, compared to its average volume of 3,678,670. The stock’s 50 day simple moving average is $107.30 and its two-hundred day simple moving average is $106.52. iShares National Muni Bond ETF has a 12-month low of $100.78 and a 12-month high of $108.82.

iShares National Muni Bond ETF Company 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).