True Freedom Investing LLC Buys New Shares in iShares National Muni Bond ETF $MUB

True Freedom Investing LLC purchased a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,013 shares of the exchange traded fund’s stock, valued at approximately $911,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in MUB. Bank of America Corp DE grew its holdings in iShares National Muni Bond ETF by 12.8% during the 1st quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock worth $4,470,365,000 after acquiring an additional 4,763,839 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in iShares National Muni Bond ETF by 5.3% in the second quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock worth $1,892,488,000 after purchasing an additional 880,501 shares in the last quarter. Bank of New York Mellon Corp grew its stake in iShares National Muni Bond ETF by 3.0% in the first quarter. Bank of New York Mellon Corp now owns 7,303,630 shares of the exchange traded fund’s stock worth $775,280,000 after purchasing an additional 214,265 shares in the last quarter. Cetera Investment Advisers grew its stake in iShares National Muni Bond ETF by 14.9% in the first quarter. Cetera Investment Advisers now owns 3,210,936 shares of the exchange traded fund’s stock worth $340,841,000 after purchasing an additional 416,372 shares in the last quarter. Finally, Assetmark Inc. increased its holdings in iShares National Muni Bond ETF by 4.2% in the first quarter. Assetmark Inc. now owns 3,196,889 shares of the exchange traded fund’s stock valued at $339,350,000 after buying an additional 129,497 shares during the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $104.18 on Monday. The stock’s 50 day moving average price is $102.88 and its two-hundred day moving average price is $105.95. iShares National Muni Bond ETF has a 52-week low of $100.07 and a 52-week high of $109.00.

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.