Curtis Wealth Management LLC Makes New $983,000 Investment in iShares National Muni Bond ETF $MUB

Curtis Wealth Management LLC purchased a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 9,126 shares of the exchange traded fund’s stock, valued at approximately $983,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Bank of America Corp DE raised its holdings in shares of iShares National Muni Bond ETF by 9.9% in the third quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock worth $3,574,913,000 after buying an additional 3,026,165 shares during the last quarter. Creative Planning raised its holdings in shares of iShares National Muni Bond ETF by 6.9% in the third quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock worth $1,404,732,000 after buying an additional 851,224 shares during the last quarter. Fisher Asset Management LLC raised its holdings in shares of iShares National Muni Bond ETF by 10.2% in the fourth quarter. Fisher Asset Management LLC now owns 10,713,817 shares of the exchange traded fund’s stock worth $1,147,557,000 after buying an additional 988,044 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares National Muni Bond ETF by 4.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 8,431,113 shares of the exchange traded fund’s stock worth $903,056,000 after buying an additional 328,494 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its holdings in shares of iShares National Muni Bond ETF by 20.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock worth $799,905,000 after buying an additional 1,261,391 shares during the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Down 0.2%

NYSEARCA MUB opened at $106.97 on Friday. The company has a fifty day simple moving average of $106.74 and a two-hundred day simple moving average of $107.18. iShares National Muni Bond ETF has a 12-month low of $103.14 and a 12-month 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.