Foundation Wealth Management LLC PA Acquires New Stake in iShares National Muni Bond ETF $MUB

Foundation Wealth Management LLC PA purchased a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,954 shares of the exchange traded fund’s stock, valued at approximately $204,000.

Several other institutional investors and hedge funds have also modified their holdings of MUB. Granite Harbor Advisors Inc. grew its position in iShares National Muni Bond ETF by 10.1% in the second quarter. Granite Harbor Advisors Inc. now owns 93,593 shares of the exchange traded fund’s stock valued at $9,779,000 after acquiring an additional 8,596 shares in the last quarter. Advyzon Investment Management LLC lifted its position in shares of iShares National Muni Bond ETF by 144.7% during the second quarter. Advyzon Investment Management LLC now owns 35,077 shares of the exchange traded fund’s stock worth $3,665,000 after purchasing an additional 20,743 shares in the last quarter. Charles Schwab Trust Co boosted its stake in shares of iShares National Muni Bond ETF by 22.8% in the second quarter. Charles Schwab Trust Co now owns 170,253 shares of the exchange traded fund’s stock valued at $17,788,000 after purchasing an additional 31,590 shares during the period. Pathway Financial Advisors LLC grew its holdings in iShares National Muni Bond ETF by 57.1% during the 2nd quarter. Pathway Financial Advisors LLC now owns 7,132 shares of the exchange traded fund’s stock valued at $745,000 after purchasing an additional 2,592 shares in the last quarter. Finally, AE Wealth Management LLC grew its holdings in iShares National Muni Bond ETF by 2.4% during the 2nd quarter. AE Wealth Management LLC now owns 356,712 shares of the exchange traded fund’s stock valued at $37,269,000 after purchasing an additional 8,289 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.2%

Shares of MUB stock opened at $106.97 on Friday. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $108.60. The company’s fifty day moving average price is $106.87 and its two-hundred day moving average price is $105.02.

iShares National Muni Bond ETF 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).