iShares National Muni Bond ETF $MUB Shares Newly Bought by Modera Wealth Management LLC

Modera Wealth Management LLC bought a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 219,015 shares of the exchange traded fund’s stock, valued at approximately $22,142,000.

A number of other large investors have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in shares of iShares National Muni Bond ETF by 12.8% in the 1st quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock valued at $4,470,365,000 after buying an additional 4,763,839 shares in the last quarter. Envestnet Asset Management Inc. increased its position in iShares National Muni Bond ETF by 5.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock valued at $1,892,488,000 after buying an additional 880,501 shares in the last quarter. Bank of New York Mellon Corp increased its position in iShares National Muni Bond ETF by 3.0% during the 1st quarter. Bank of New York Mellon Corp now owns 7,303,630 shares of the exchange traded fund’s stock valued at $775,280,000 after buying an additional 214,265 shares in the last quarter. Cetera Investment Advisers increased its position in iShares National Muni Bond ETF by 14.9% during the 1st quarter. Cetera Investment Advisers now owns 3,210,936 shares of the exchange traded fund’s stock valued at $340,841,000 after buying an additional 416,372 shares in the last quarter. Finally, Assetmark Inc. raised its stake in iShares National Muni Bond ETF by 4.2% in the first quarter. Assetmark Inc. now owns 3,196,889 shares of the exchange traded fund’s stock valued at $339,350,000 after buying an additional 129,497 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA MUB opened at $104.18 on Friday. The business has a 50-day simple moving average of $102.88 and a two-hundred day simple moving average of $105.95. iShares National Muni Bond ETF has a fifty-two week low of $100.07 and a fifty-two week high of $109.00.

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.