Waterloo Capital L.P. Buys 14,614 Shares of iShares National Muni Bond ETF $MUB

Waterloo Capital L.P. raised its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 12.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 135,541 shares of the exchange traded fund’s stock after purchasing an additional 14,614 shares during the quarter. iShares National Muni Bond ETF accounts for about 1.1% of Waterloo Capital L.P.’s investment portfolio, making the stock its 21st biggest position. Waterloo Capital L.P.’s holdings in iShares National Muni Bond ETF were worth $14,434,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its position in iShares National Muni Bond ETF by 4.6% in the second quarter. Envestnet Asset Management Inc. now owns 20,357,173 shares of the exchange traded fund’s stock worth $2,126,917,000 after purchasing an additional 890,804 shares during the period. Betterment LLC boosted its position in shares of iShares National Muni Bond ETF by 1.0% during the 2nd quarter. Betterment LLC now owns 18,584,233 shares of the exchange traded fund’s stock valued at $1,941,681,000 after acquiring an additional 175,531 shares in the last quarter. Fisher Asset Management LLC increased its stake in iShares National Muni Bond ETF by 43.0% in the second quarter. Fisher Asset Management LLC now owns 8,914,935 shares of the exchange traded fund’s stock valued at $931,432,000 after acquiring an additional 2,679,139 shares during the period. PNC Financial Services Group Inc. lifted its stake in iShares National Muni Bond ETF by 5.2% during the second quarter. PNC Financial Services Group Inc. now owns 7,528,127 shares of the exchange traded fund’s stock worth $786,539,000 after purchasing an additional 369,771 shares during the period. Finally, US Bancorp DE lifted its stake in iShares National Muni Bond ETF by 34.4% during the second quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock worth $767,087,000 after purchasing an additional 1,877,664 shares during the period. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.2%

MUB stock opened at $107.81 on Friday. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $107.96. The business’s 50 day moving average is $107.27 and its 200-day moving average is $106.35.

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). 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.