Sequoia Financial Advisors LLC Increases Stock Position in iShares National Muni Bond ETF $MUB

Sequoia Financial Advisors LLC grew its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUBFree Report) by 7.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,128,656 shares of the exchange traded fund’s stock after purchasing an additional 151,637 shares during the period. iShares National Muni Bond ETF makes up approximately 1.1% of Sequoia Financial Advisors LLC’s investment portfolio, making the stock its 18th biggest position. Sequoia Financial Advisors LLC owned 0.50% of iShares National Muni Bond ETF worth $229,086,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in MUB. Integrated Investment Consultants LLC boosted its position in shares of iShares National Muni Bond ETF by 2.1% during the 4th quarter. Integrated Investment Consultants LLC now owns 4,567 shares of the exchange traded fund’s stock valued at $489,000 after acquiring an additional 94 shares during the last quarter. Boltwood Capital Management raised its stake in iShares National Muni Bond ETF by 4.3% during the second quarter. Boltwood Capital Management now owns 2,285 shares of the exchange traded fund’s stock valued at $246,000 after purchasing an additional 94 shares in the last quarter. Financial Sense Advisors Inc. raised its stake in iShares National Muni Bond ETF by 1.4% during the fourth quarter. Financial Sense Advisors Inc. now owns 6,824 shares of the exchange traded fund’s stock valued at $731,000 after purchasing an additional 97 shares in the last quarter. Silver Oak Securities Incorporated lifted its position in iShares National Muni Bond ETF by 6.4% during the first quarter. Silver Oak Securities Incorporated now owns 1,657 shares of the exchange traded fund’s stock valued at $176,000 after purchasing an additional 99 shares during the last quarter. Finally, Bigelow Investment Advisors LLC increased its stake in iShares National Muni Bond ETF by 2.5% during the first quarter. Bigelow Investment Advisors LLC now owns 4,094 shares of the exchange traded fund’s stock worth $435,000 after acquiring an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of MUB stock opened at $103.48 on Thursday. iShares National Muni Bond ETF has a 1 year low of $103.44 and a 1 year high of $109.00. The stock’s 50 day simple moving average is $105.78 and its two-hundred day simple moving average is $106.60.

About iShares National Muni Bond ETF

(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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