Petersen Hastings Wealth Advisors Inc. Takes $3.93 Million Position in iShares National Muni Bond ETF $MUB

Petersen Hastings Wealth Advisors Inc. purchased a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 36,698 shares of the exchange traded fund’s stock, valued at approximately $3,931,000. iShares National Muni Bond ETF accounts for approximately 0.4% of Petersen Hastings Wealth Advisors Inc.’s holdings, making the stock its 17th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in MUB. Wellington Management Group LLP acquired a new position in shares of iShares National Muni Bond ETF in the third quarter valued at approximately $387,198,000. Bank of America Corp DE boosted 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 valued at $3,574,913,000 after buying an additional 3,026,165 shares during the period. Allstate Corp boosted its holdings in iShares National Muni Bond ETF by 173.3% during the fourth quarter. Allstate Corp now owns 3,016,409 shares of the exchange traded fund’s stock worth $323,088,000 after purchasing an additional 1,912,851 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in iShares National Muni Bond ETF by 20.2% during 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 purchasing an additional 1,261,391 shares during the last quarter. Finally, Fisher Asset Management LLC boosted its holdings in iShares National Muni Bond ETF by 10.2% during 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 purchasing an additional 988,044 shares during the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of MUB opened at $107.19 on Friday. iShares National Muni Bond ETF has a 12 month low of $103.14 and a 12 month high of $109.00. The firm has a fifty day simple moving average of $106.72 and a 200 day simple moving average of $107.18.

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.