M3 Wealth Management LLC Purchases New Stake in iShares National Muni Bond ETF $MUB

M3 Wealth Management LLC purchased a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 4,793 shares of the exchange traded fund’s stock, valued at approximately $513,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Integrity Alliance LLC. raised its holdings in iShares National Muni Bond ETF by 85.9% during the 4th quarter. Integrity Alliance LLC. now owns 5,986 shares of the exchange traded fund’s stock valued at $641,000 after buying an additional 2,766 shares during the last quarter. Regimen Wealth LLC raised its holdings in iShares National Muni Bond ETF by 1.0% during the 4th quarter. Regimen Wealth LLC now owns 17,401 shares of the exchange traded fund’s stock valued at $1,864,000 after buying an additional 178 shares during the last quarter. Integrity Advisory Solutions LLC raised its holdings in iShares National Muni Bond ETF by 8.0% during the 4th quarter. Integrity Advisory Solutions LLC now owns 15,938 shares of the exchange traded fund’s stock valued at $1,707,000 after buying an additional 1,181 shares during the last quarter. Endowment Wealth Management Inc. bought a new stake in iShares National Muni Bond ETF during the 4th quarter valued at $205,000. Finally, Collaborative Wealth Managment Inc. raised its holdings in iShares National Muni Bond ETF by 281.0% during the 4th quarter. Collaborative Wealth Managment Inc. now owns 30,312 shares of the exchange traded fund’s stock valued at $3,247,000 after buying an additional 22,356 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Trading Up 0.5%

NYSEARCA:MUB opened at $106.65 on Wednesday. iShares National Muni Bond ETF has a 52 week low of $103.14 and a 52 week high of $109.00. The company has a fifty day moving average of $106.66 and a 200 day moving average of $107.19.

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.