Clifford Swan Investment Counsel LLC Invests $364,000 in iShares National Muni Bond ETF $MUB

Clifford Swan Investment Counsel LLC bought a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 3,481 shares of the exchange traded fund’s stock, valued at approximately $364,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Betterment LLC grew its position in shares of iShares National Muni Bond ETF by 0.8% in the 1st quarter. Betterment LLC now owns 18,408,702 shares of the exchange traded fund’s stock worth $1,941,014,000 after buying an additional 150,443 shares during the period. LPL Financial LLC grew its position in shares of iShares National Muni Bond ETF by 3.1% in the 1st quarter. LPL Financial LLC now owns 9,936,130 shares of the exchange traded fund’s stock worth $1,047,666,000 after buying an additional 299,520 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of iShares National Muni Bond ETF by 9.6% in the 1st 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. Northwestern Mutual Wealth Management Co. boosted its stake in iShares National Muni Bond ETF by 7.8% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 7,588,089 shares of the exchange traded fund’s stock worth $800,088,000 after purchasing an additional 550,570 shares in the last quarter. Finally, US Bancorp DE boosted its stake in iShares National Muni Bond ETF by 34.4% in the 2nd quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock worth $767,087,000 after purchasing an additional 1,877,664 shares in the last quarter. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Trading Down 0.1%

Shares of iShares National Muni Bond ETF stock opened at $107.53 on Friday. The firm’s 50-day moving average is $105.91 and its 200 day moving average is $104.56. iShares National Muni Bond ETF has a 1 year low of $100.29 and a 1 year high of $108.60.

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).