iShares National Muni Bond ETF $MUB Stake Lifted by LJI Wealth Management LLC

LJI Wealth Management LLC increased its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 135.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 14,828 shares of the exchange traded fund’s stock after acquiring an additional 8,540 shares during the period. LJI Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $1,499,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in MUB. Bank of America Corp DE raised its holdings in iShares National Muni Bond ETF by 12.8% during the first quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock worth $4,470,365,000 after purchasing an additional 4,763,839 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in iShares National Muni Bond ETF in the third quarter worth approximately $153,414,000. Signaturefd LLC bought a new position in iShares National Muni Bond ETF during the 3rd quarter valued at $92,707,000. Envestnet Asset Management Inc. boosted its stake 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 purchasing an additional 880,501 shares in the last quarter. Finally, Wedmont Private Capital boosted its stake in iShares National Muni Bond ETF by 158.7% during the 3rd quarter. Wedmont Private Capital now owns 1,235,371 shares of the exchange traded fund’s stock valued at $124,451,000 after purchasing an additional 757,882 shares in the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.3%

Shares of MUB stock opened at $104.18 on Friday. iShares National Muni Bond ETF has a 1 year low of $100.07 and a 1 year high of $109.00. The business’s fifty day moving average is $102.88 and its 200-day moving average is $105.95.

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.