Gateway Wealth Partners LLC Increases Stake in iShares National Muni Bond ETF $MUB

Gateway Wealth Partners LLC boosted its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 393.3% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 35,301 shares of the exchange traded fund’s stock after acquiring an additional 28,145 shares during the period. Gateway Wealth Partners LLC’s holdings in iShares National Muni Bond ETF were worth $3,747,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MUB. Turim 21 Investimentos Ltda. bought a new position in iShares National Muni Bond ETF in the 1st quarter worth approximately $161,000. Blue Chip Partners LLC grew its stake in iShares National Muni Bond ETF by 191.9% in the 1st quarter. Blue Chip Partners LLC now owns 13,896 shares of the exchange traded fund’s stock valued at $1,475,000 after buying an additional 9,136 shares in the last quarter. FreeGulliver LLC grew its stake in iShares National Muni Bond ETF by 3.8% in the 1st quarter. FreeGulliver LLC now owns 3,812 shares of the exchange traded fund’s stock valued at $405,000 after buying an additional 139 shares in the last quarter. Matrix Private Capital Group LLC bought a new stake in iShares National Muni Bond ETF during the 1st quarter valued at $382,000. Finally, Hilltop Holdings Inc. raised its holdings in iShares National Muni Bond ETF by 16.8% during the 1st quarter. Hilltop Holdings Inc. now owns 9,304 shares of the exchange traded fund’s stock valued at $988,000 after acquiring an additional 1,337 shares during the period. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

NYSEARCA:MUB opened at $105.80 on Tuesday. The stock’s fifty day moving average price is $106.87 and its two-hundred day moving average price is $107.16. iShares National Muni Bond ETF has a 1 year low of $103.50 and a 1 year high of $109.00.

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). 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.