Redwood Investment Management LLC Takes Position in iShares Long-Term National Muni Bond ETF $LMUB

Redwood Investment Management LLC purchased a new position in iShares Long-Term National Muni Bond ETF (NYSEARCA:LMUBFree Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,734 shares of the company’s stock, valued at approximately $1,085,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. HighTower Advisors LLC boosted its holdings in iShares Long-Term National Muni Bond ETF by 5.1% during the 4th quarter. HighTower Advisors LLC now owns 28,846 shares of the company’s stock valued at $1,453,000 after acquiring an additional 1,399 shares during the period. Indiana Trust & Investment Management Co bought a new position in iShares Long-Term National Muni Bond ETF in the 1st quarter valued at $87,000. Merkkuri Wealth Advisors LLC purchased a new stake in iShares Long-Term National Muni Bond ETF in the first quarter worth $140,000. Western Wealth Management LLC purchased a new stake in iShares Long-Term National Muni Bond ETF in the first quarter worth $141,000. Finally, Raleigh Capital Management Inc. bought a new stake in shares of iShares Long-Term National Muni Bond ETF during the first quarter worth $205,000.

iShares Long-Term National Muni Bond ETF Price Performance

Shares of LMUB opened at $49.66 on Monday. iShares Long-Term National Muni Bond ETF has a 12-month low of $47.99 and a 12-month high of $53.52. The firm has a fifty day moving average price of $50.65 and a 200-day moving average price of $50.59.

About iShares Long-Term National Muni Bond ETF

(Free Report)

The iShares Long-Term National Muni Bond ETF (LMUB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is passively managed to track an index composed of investment-grade US municipal bonds with remaining maturities of 12 years or more. Securities are selected based on credit quality and duration LMUB was launched on Mar 17, 2025 and is issued by BlackRock.

Further Reading

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Institutional Ownership by Quarter for iShares Long-Term National Muni Bond ETF (NYSEARCA:LMUB)

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