iShares National Muni Bond ETF $MUB Shares Purchased by Smart Money Group LLC

Smart Money Group LLC boosted its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 904.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,915 shares of the exchange traded fund’s stock after buying an additional 23,336 shares during the quarter. iShares National Muni Bond ETF accounts for about 0.8% of Smart Money Group LLC’s holdings, making the stock its 14th biggest holding. Smart Money Group LLC’s holdings in iShares National Muni Bond ETF were worth $2,708,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also made changes to their positions in MUB. Envestnet Asset Management Inc. boosted its position in shares of iShares National Muni Bond ETF by 4.6% during the 2nd 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 raised its position in iShares National Muni Bond ETF by 0.8% in the first quarter. Betterment LLC now owns 18,408,702 shares of the exchange traded fund’s stock valued at $1,941,014,000 after purchasing an additional 150,443 shares during the period. LPL Financial LLC lifted its stake in iShares National Muni Bond ETF by 3.1% during the first quarter. LPL Financial LLC now owns 9,936,130 shares of the exchange traded fund’s stock worth $1,047,666,000 after purchasing an additional 299,520 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of iShares National Muni Bond ETF by 9.6% during the first 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 period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares National Muni Bond ETF by 7.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 7,588,089 shares of the exchange traded fund’s stock valued at $800,088,000 after buying an additional 550,570 shares in the last quarter. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Trading Up 0.2%

MUB stock opened at $107.23 on Friday. The business’s fifty day moving average price is $106.54 and its 200 day moving average price is $104.87. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $108.60.

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).