Apex Wealth Management LLC Buys Shares of 12,753 iShares National Muni Bond ETF (NYSEARCA:MUB)

Apex Wealth Management LLC purchased a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 12,753 shares of the exchange traded fund’s stock, valued at approximately $1,359,000. iShares National Muni Bond ETF comprises about 1.2% of Apex Wealth Management LLC’s portfolio, making the stock its 27th biggest holding.

Several other institutional investors and hedge funds have also made changes to their positions in MUB. Envestnet Asset Management Inc. grew its holdings in shares of iShares National Muni Bond ETF by 5.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 20,358,585 shares of the exchange traded fund’s stock worth $2,169,207,000 after buying an additional 1,138,987 shares in the last quarter. Betterment LLC lifted its stake in shares of iShares National Muni Bond ETF by 8.1% during the 4th quarter. Betterment LLC now owns 18,258,259 shares of the exchange traded fund’s stock worth $1,945,417,000 after purchasing an additional 1,371,663 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of iShares National Muni Bond ETF by 17.9% during the fourth quarter. Wells Fargo & Company MN now owns 10,606,146 shares of the exchange traded fund’s stock worth $1,130,085,000 after purchasing an additional 1,608,092 shares during the last quarter. JPMorgan Chase & Co. increased its stake in iShares National Muni Bond ETF by 4.2% in the fourth quarter. JPMorgan Chase & Co. now owns 10,105,962 shares of the exchange traded fund’s stock valued at $1,076,790,000 after purchasing an additional 407,750 shares during the last quarter. Finally, LPL Financial LLC lifted its position in iShares National Muni Bond ETF by 27.1% during the fourth quarter. LPL Financial LLC now owns 9,636,610 shares of the exchange traded fund’s stock worth $1,026,781,000 after buying an additional 2,053,687 shares during the period.

iShares National Muni Bond ETF Stock Performance

iShares National Muni Bond ETF stock opened at $104.25 on Friday. iShares National Muni Bond ETF has a 1 year low of $100.29 and a 1 year high of $108.81. The firm has a 50 day moving average price of $104.94 and a 200 day moving average price of $106.26.

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).