Brookstone Capital Management Boosts Stake in iShares National Muni Bond ETF (NYSEARCA:MUB)

Brookstone Capital Management increased its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 8.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 58,040 shares of the exchange traded fund’s stock after buying an additional 4,486 shares during the quarter. Brookstone Capital Management’s holdings in iShares National Muni Bond ETF were worth $6,153,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Fairfield Bush & CO. purchased a new stake in shares of iShares National Muni Bond ETF in the 1st quarter worth about $47,000. MAS Advisors LLC grew its position in shares of iShares National Muni Bond ETF by 8.4% in the first quarter. MAS Advisors LLC now owns 2,700 shares of the exchange traded fund’s stock valued at $296,000 after purchasing an additional 210 shares during the last quarter. Blair William & Co. IL raised its position in shares of iShares National Muni Bond ETF by 6.5% during the 1st quarter. Blair William & Co. IL now owns 38,590 shares of the exchange traded fund’s stock worth $4,231,000 after purchasing an additional 2,365 shares during the last quarter. Moors & Cabot Inc. lifted its stake in iShares National Muni Bond ETF by 8.8% in the 1st quarter. Moors & Cabot Inc. now owns 9,235 shares of the exchange traded fund’s stock valued at $1,013,000 after buying an additional 744 shares in the last quarter. Finally, Baird Financial Group Inc. grew its holdings in iShares National Muni Bond ETF by 149.7% during the 1st quarter. Baird Financial Group Inc. now owns 258,158 shares of the exchange traded fund’s stock valued at $28,305,000 after buying an additional 154,770 shares during the last quarter.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA:MUB opened at $104.71 on Monday. iShares National Muni Bond ETF has a 52-week low of $101.35 and a 52-week high of $108.66. The stock’s fifty day simple moving average is $105.79 and its 200-day simple moving average is $106.42.

About iShares National Muni Bond ETF

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).