RCS Financial Planning LLC grew its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 58.4% during the third quarter, Holdings Channel reports. The firm owned 36,469 shares of the exchange traded fund’s stock after purchasing an additional 13,444 shares during the quarter. iShares National Muni Bond ETF comprises about 2.0% of RCS Financial Planning LLC’s holdings, making the stock its 16th largest position. RCS Financial Planning LLC’s holdings in iShares National Muni Bond ETF were worth $3,687,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in the business. Bank of America Corp DE grew its holdings in shares of iShares National Muni Bond ETF by 12.8% in the first quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock valued at $4,470,365,000 after purchasing an additional 4,763,839 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in iShares National Muni Bond ETF by 5.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock worth $1,892,488,000 after buying an additional 880,501 shares in the last quarter. Wedmont Private Capital lifted its holdings in iShares National Muni Bond ETF by 158.7% during the 3rd quarter. Wedmont Private Capital now owns 1,235,371 shares of the exchange traded fund’s stock worth $124,451,000 after buying an additional 757,882 shares in the last quarter. Forvis Mazars Wealth Advisors LLC acquired a new stake in iShares National Muni Bond ETF during the 3rd quarter worth approximately $66,371,000. Finally, Gradient Investments LLC acquired a new stake in iShares National Muni Bond ETF during the 3rd quarter worth approximately $55,800,000. Institutional investors and hedge funds own 90.19% of the company’s stock.
iShares National Muni Bond ETF Stock Performance
MUB stock traded down $0.12 during midday trading on Wednesday, hitting $101.65. The company’s stock had a trading volume of 17,099,102 shares, compared to its average volume of 5,782,777. iShares National Muni Bond ETF has a 52-week low of $100.07 and a 52-week high of $109.00. The firm has a 50-day simple moving average of $103.55 and a 200-day simple moving average of $105.63.
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.
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