Laurel Wealth Advisors LLC Acquires 1,083,502 Shares of iShares National Muni Bond ETF $MUB

Laurel Wealth Advisors LLC boosted its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 11,118.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,093,247 shares of the exchange traded fund’s stock after purchasing an additional 1,083,502 shares during the quarter. Laurel Wealth Advisors LLC owned about 0.30% of iShares National Muni Bond ETF worth $114,222,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. US Bancorp DE lifted its holdings in iShares National Muni Bond ETF by 34.4% during 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 during the last quarter. Allstate Corp boosted its position in shares of iShares National Muni Bond ETF by 91.2% during the 1st quarter. Allstate Corp now owns 3,017,964 shares of the exchange traded fund’s stock worth $318,214,000 after acquiring an additional 1,439,584 shares in the last quarter. Park Avenue Securities LLC bought a new position in iShares National Muni Bond ETF in the second quarter valued at approximately $116,279,000. Envestnet Asset Management Inc. raised its position in iShares National Muni Bond ETF by 4.6% during the second quarter. Envestnet Asset Management Inc. now owns 20,357,173 shares of the exchange traded fund’s stock valued at $2,126,917,000 after purchasing an additional 890,804 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in iShares National Muni Bond ETF by 9.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 9,199,988 shares of the exchange traded fund’s stock worth $970,047,000 after purchasing an additional 802,170 shares during the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA:MUB opened at $107.20 on Tuesday. The firm has a 50 day simple moving average of $106.98 and a 200 day simple moving average of $105.15. iShares National Muni Bond ETF has a one year low of $100.29 and a one year high of $108.60.

iShares National Muni Bond ETF Company 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).