Topsail Wealth Management LLC Raises Stock Holdings in iShares National Muni Bond ETF $MUB

Topsail Wealth Management LLC raised its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 21.1% during the 1st quarter, Holdings Channel reports. The firm owned 40,729 shares of the exchange traded fund’s stock after buying an additional 7,095 shares during the quarter. iShares National Muni Bond ETF makes up about 0.6% of Topsail Wealth Management LLC’s holdings, making the stock its 18th largest holding. Topsail Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $4,323,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Bank of America Corp DE lifted its position in shares of iShares National Muni Bond ETF by 11.3% during the 4th quarter. Bank of America Corp DE now owns 37,349,821 shares of the exchange traded fund’s stock valued at $4,000,539,000 after buying an additional 3,779,406 shares in the last quarter. Wellington Management Group LLP purchased a new stake in iShares National Muni Bond ETF in the 3rd quarter worth $387,198,000. Allstate Corp increased its holdings in iShares National Muni Bond ETF by 173.3% in the 4th quarter. Allstate Corp now owns 3,016,409 shares of the exchange traded fund’s stock worth $323,088,000 after acquiring an additional 1,912,851 shares in the last quarter. Betterment LLC raised its position in iShares National Muni Bond ETF by 9.5% during the fourth quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock worth $2,034,042,000 after acquiring an additional 1,646,689 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its position in iShares National Muni Bond ETF by 20.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock worth $799,905,000 after acquiring an additional 1,261,391 shares during the period. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Up 0.1%

MUB opened at $107.58 on Friday. iShares National Muni Bond ETF has a 52-week low of $103.14 and a 52-week high of $109.00. The firm’s fifty day simple moving average is $106.94 and its two-hundred day simple moving average is $107.19.

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). The Index measures the performance of the investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.