M3 Wealth Management LLC Invests $513,000 in iShares National Muni Bond ETF $MUB

M3 Wealth Management LLC acquired a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUBFree Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 4,793 shares of the exchange traded fund’s stock, valued at approximately $513,000.

Other institutional investors also recently bought and sold shares of the company. Advyzon Investment Management LLC grew its position in iShares National Muni Bond ETF by 18.1% during the 3rd quarter. Advyzon Investment Management LLC now owns 41,426 shares of the exchange traded fund’s stock valued at $4,411,000 after purchasing an additional 6,349 shares during the last quarter. Aegis Wealth Management Inc. purchased a new stake in iShares National Muni Bond ETF during the 4th quarter valued at about $552,000. Cardinal Point Capital Management ULC grew its position in iShares National Muni Bond ETF by 9.0% during the 3rd quarter. Cardinal Point Capital Management ULC now owns 349,470 shares of the exchange traded fund’s stock valued at $37,397,000 after purchasing an additional 28,823 shares during the last quarter. Confluence Investment Management LLC grew its position in iShares National Muni Bond ETF by 30.9% during the 4th quarter. Confluence Investment Management LLC now owns 29,933 shares of the exchange traded fund’s stock valued at $3,206,000 after purchasing an additional 7,072 shares during the last quarter. Finally, Cahaba Wealth Management Inc. grew its position in iShares National Muni Bond ETF by 3.4% during the 4th quarter. Cahaba Wealth Management Inc. now owns 350,964 shares of the exchange traded fund’s stock valued at $37,592,000 after purchasing an additional 11,597 shares during the last quarter. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Price Performance

Shares of MUB stock opened at $106.65 on Wednesday. iShares National Muni Bond ETF has a one year low of $103.14 and a one year high of $109.00. The company’s 50-day moving average is $106.66 and its 200 day moving average is $107.19.

iShares National Muni Bond ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares National Muni Bond ETF (NYSEARCA:MUB)

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