LifeWealth Investments LLC Buys 14,057 Shares of iShares National Muni Bond ETF $MUB

LifeWealth Investments LLC boosted its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 38.4% during the second quarter, Holdings Channel.com reports. The fund owned 50,636 shares of the exchange traded fund’s stock after acquiring an additional 14,057 shares during the period. iShares National Muni Bond ETF comprises 1.7% of LifeWealth Investments LLC’s investment portfolio, making the stock its 15th largest position. LifeWealth Investments LLC’s holdings in iShares National Muni Bond ETF were worth $5,290,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in MUB. US Bancorp DE increased its stake in iShares National Muni Bond ETF by 34.4% during the 2nd quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock worth $767,087,000 after acquiring an additional 1,877,664 shares during the period. Allstate Corp raised its holdings in shares of iShares National Muni Bond ETF by 91.2% during the 1st quarter. Allstate Corp now owns 3,017,964 shares of the exchange traded fund’s stock worth $318,214,000 after buying an additional 1,439,584 shares in the last quarter. Park Avenue Securities LLC bought a new stake in shares of iShares National Muni Bond ETF during the 2nd quarter worth $116,279,000. Charles Schwab Investment Management Inc. lifted its position in shares of iShares National Muni Bond ETF by 9.6% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 9,199,988 shares of the exchange traded fund’s stock worth $970,047,000 after buying an additional 802,170 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of iShares National Muni Bond ETF by 57.1% during the 1st quarter. Raymond James Financial Inc. now owns 1,743,638 shares of the exchange traded fund’s stock worth $183,849,000 after buying an additional 633,905 shares during the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA MUB opened at $107.60 on Thursday. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $108.60. The stock has a 50-day moving average price of $105.84 and a two-hundred day moving average price of $104.54.

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).