World Investment Advisors Boosts Stake in iShares National Muni Bond ETF $MUB

World Investment Advisors raised its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 19.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 196,356 shares of the exchange traded fund’s stock after purchasing an additional 32,340 shares during the period. World Investment Advisors’ holdings in iShares National Muni Bond ETF were worth $21,032,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MUB. Brighton Jones LLC purchased a new position in iShares National Muni Bond ETF in the 4th quarter valued at about $325,000. Revolve Wealth Partners LLC lifted its position in shares of iShares National Muni Bond ETF by 10.7% during the fourth quarter. Revolve Wealth Partners LLC now owns 124,193 shares of the exchange traded fund’s stock worth $13,233,000 after purchasing an additional 11,989 shares during the last quarter. Bison Wealth LLC bought a new position in shares of iShares National Muni Bond ETF during the fourth quarter worth about $516,000. AQR Capital Management LLC lifted its position in shares of iShares National Muni Bond ETF by 21.2% during the first quarter. AQR Capital Management LLC now owns 13,285 shares of the exchange traded fund’s stock worth $1,401,000 after purchasing an additional 2,322 shares during the last quarter. Finally, Main Street Financial Solutions LLC lifted its position in shares of iShares National Muni Bond ETF by 5.7% during the second quarter. Main Street Financial Solutions LLC now owns 19,303 shares of the exchange traded fund’s stock worth $2,017,000 after purchasing an additional 1,039 shares during the last quarter. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Down 0.2%

Shares of MUB stock opened at $106.72 on Wednesday. iShares National Muni Bond ETF has a one year low of $103.14 and a one year high of $109.00. The company’s 50-day simple moving average is $106.93 and its 200-day simple moving average is $107.27.

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). 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.