Ledyard National Bank Raises Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Ledyard National Bank increased its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.2% during the first quarter, Holdings Channel.com reports. The fund owned 250,393 shares of the exchange traded fund’s stock after acquiring an additional 2,887 shares during the quarter. iShares National Muni Bond ETF accounts for approximately 2.6% of Ledyard National Bank’s investment portfolio, making the stock its 6th largest position. Ledyard National Bank’s holdings in iShares National Muni Bond ETF were worth $26,401,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Smith & Howard Wealth Management LLC grew its holdings in iShares National Muni Bond ETF by 4.6% during the first quarter. Smith & Howard Wealth Management LLC now owns 92,057 shares of the exchange traded fund’s stock worth $9,706,000 after acquiring an additional 4,085 shares during the period. Professional Financial Advisors LLC grew its holdings in iShares National Muni Bond ETF by 8.0% during the first quarter. Professional Financial Advisors LLC now owns 18,452 shares of the exchange traded fund’s stock worth $1,946,000 after acquiring an additional 1,373 shares during the period. Legacy Advisors LLC grew its holdings in iShares National Muni Bond ETF by 158.2% during the first quarter. Legacy Advisors LLC now owns 5,105 shares of the exchange traded fund’s stock worth $538,000 after acquiring an additional 3,128 shares during the period. Johnson Bixby & Associates LLC grew its holdings in iShares National Muni Bond ETF by 11.9% during the first quarter. Johnson Bixby & Associates LLC now owns 36,814 shares of the exchange traded fund’s stock worth $3,882,000 after acquiring an additional 3,913 shares during the period. Finally, Oppenheimer & Co. Inc. grew its holdings in iShares National Muni Bond ETF by 20.5% during the first quarter. Oppenheimer & Co. Inc. now owns 12,220 shares of the exchange traded fund’s stock worth $1,288,000 after acquiring an additional 2,081 shares during the period.

iShares National Muni Bond ETF Price Performance

Shares of MUB opened at $104.08 on Tuesday. The business’s 50-day moving average price is $103.91 and its 200 day moving average price is $105.34. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $108.81.

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).