Envestnet Portfolio Solutions Inc. Has $509.57 Million Position in iShares National Muni Bond ETF $MUB

Envestnet Portfolio Solutions Inc. grew its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 12.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 4,877,240 shares of the exchange traded fund’s stock after acquiring an additional 555,736 shares during the quarter. iShares National Muni Bond ETF comprises about 1.9% of Envestnet Portfolio Solutions Inc.’s investment portfolio, making the stock its 13th biggest position. Envestnet Portfolio Solutions Inc.’s holdings in iShares National Muni Bond ETF were worth $509,574,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in MUB. American Capital Advisory LLC acquired a new stake in shares of iShares National Muni Bond ETF in the first quarter valued at about $26,000. Financial Network Wealth Advisors LLC lifted its stake in shares of iShares National Muni Bond ETF by 121.9% in the first quarter. Financial Network Wealth Advisors LLC now owns 253 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 139 shares during the period. Raleigh Capital Management Inc. lifted its stake in shares of iShares National Muni Bond ETF by 2,193.3% in the first quarter. Raleigh Capital Management Inc. now owns 344 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 329 shares during the period. HFM Investment Advisors LLC bought a new stake in shares of iShares National Muni Bond ETF in the first quarter valued at about $37,000. Finally, Integrity Financial Corp WA lifted its stake in shares of iShares National Muni Bond ETF by 55.7% in the first quarter. Integrity Financial Corp WA now owns 358 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 128 shares during the period. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Trading Up 0.3%

NYSEARCA MUB opened at $106.85 on Monday. The firm has a 50-day simple moving average of $105.32 and a 200 day simple moving average of $104.42. iShares National Muni Bond ETF has a twelve month low of $100.29 and a twelve month high of $108.60.

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).