SMART Wealth LLC Has $3.40 Million Position in iShares National Muni Bond ETF $MUB

SMART Wealth LLC grew its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 42.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 31,597 shares of the exchange traded fund’s stock after acquiring an additional 9,438 shares during the period. SMART Wealth LLC’s holdings in iShares National Muni Bond ETF were worth $3,401,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Brighton Jones LLC acquired a new stake in iShares National Muni Bond ETF during the fourth quarter valued at $325,000. Revolve Wealth Partners LLC increased its position in iShares National Muni Bond ETF by 10.7% in the 4th 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 acquired a new position in iShares National Muni Bond ETF in the 4th quarter worth about $516,000. AQR Capital Management LLC raised its stake in shares of iShares National Muni Bond ETF by 21.2% during the 1st 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 in the last quarter. Finally, Main Street Financial Solutions LLC raised its stake in shares of iShares National Muni Bond ETF by 5.7% during the 2nd 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 in the last quarter. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Trading Down 0.2%

Shares of iShares National Muni Bond ETF stock opened at $104.00 on Friday. iShares National Muni Bond ETF has a 52-week low of $103.99 and a 52-week high of $109.00. The stock has a 50-day simple moving average of $106.07 and a 200-day simple moving average of $106.72.

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.