Modera Wealth Management LLC acquired a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) during the third quarter, Holdings Channel reports. The institutional investor acquired 219,015 shares of the exchange traded fund’s stock, valued at approximately $22,142,000.
Other hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE grew its stake in iShares National Muni Bond ETF by 12.8% during the 1st 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 during the last quarter. Park Avenue Securities LLC purchased a new position in shares of iShares National Muni Bond ETF in the third quarter worth about $153,414,000. Signaturefd LLC purchased a new position in shares of iShares National Muni Bond ETF in the third quarter worth about $92,707,000. Envestnet Asset Management Inc. raised its stake in shares of iShares National Muni Bond ETF by 5.3% in the second quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock worth $1,892,488,000 after purchasing an additional 880,501 shares during the last quarter. Finally, Wedmont Private Capital lifted its holdings in shares of iShares National Muni Bond ETF by 158.7% during the third quarter. Wedmont Private Capital now owns 1,235,371 shares of the exchange traded fund’s stock worth $124,451,000 after purchasing an additional 757,882 shares during the period. 90.19% of the stock is owned by institutional investors and hedge funds.
iShares National Muni Bond ETF Stock Up 0.3%
iShares National Muni Bond ETF stock opened at $104.18 on Friday. The stock has a 50-day moving average price of $102.88 and a 200 day moving average price of $105.95. iShares National Muni Bond ETF has a 52 week low of $100.07 and a 52 week high of $109.00.
iShares National Muni Bond ETF 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.
Further Reading
- Five stocks we like better than iShares National Muni Bond ETF
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Want to see what other hedge funds are holding MUB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report).
Receive News & Ratings for iShares National Muni Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares National Muni Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
