Keenan LLC Takes $703,000 Position in iShares National Muni Bond ETF $MUB

Keenan LLC 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 SEC. The institutional investor purchased 6,559 shares of the exchange traded fund’s stock, valued at approximately $703,000. iShares National Muni Bond ETF comprises about 0.6% of Keenan LLC’s investment portfolio, making the stock its 27th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Bank of America Corp DE increased its stake in iShares National Muni Bond ETF by 11.3% in the fourth quarter. Bank of America Corp DE now owns 37,349,821 shares of the exchange traded fund’s stock valued at $4,000,539,000 after purchasing an additional 3,779,406 shares during the period. Betterment LLC raised its holdings in shares of iShares National Muni Bond ETF by 9.5% in the fourth quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock valued at $2,034,042,000 after buying an additional 1,646,689 shares during the last quarter. Creative Planning boosted its stake in shares of iShares National Muni Bond ETF by 6.9% during 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 period. LPL Financial LLC boosted its stake in shares of iShares National Muni Bond ETF by 6.0% during the fourth quarter. LPL Financial LLC now owns 11,099,309 shares of the exchange traded fund’s stock worth $1,188,847,000 after buying an additional 632,378 shares during the period. Finally, Fisher Asset Management LLC boosted its stake in shares of 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 buying an additional 988,044 shares during the period. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

NYSEARCA MUB opened at $107.33 on Friday. iShares National Muni Bond ETF has a 52-week low of $103.14 and a 52-week high of $109.00. The business’s 50-day moving average price is $106.91 and its 200 day moving average price is $107.17.

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.