Kestra Advisory Services LLC Raises Stock Position in iShares National Muni Bond ETF $MUB

Kestra Advisory Services LLC boosted its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 18.0% in the first quarter, HoldingsChannel reports. The fund owned 373,962 shares of the exchange traded fund’s stock after purchasing an additional 57,042 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares National Muni Bond ETF were worth $39,696,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of MUB. Money Concepts Capital Corp grew its holdings in iShares National Muni Bond ETF by 11.6% in the first quarter. Money Concepts Capital Corp now owns 26,448 shares of the exchange traded fund’s stock worth $2,807,000 after purchasing an additional 2,754 shares during the last quarter. WPG Advisers LLC lifted its holdings in shares of iShares National Muni Bond ETF by 2.4% during the 1st quarter. WPG Advisers LLC now owns 4,982 shares of the exchange traded fund’s stock valued at $529,000 after purchasing an additional 117 shares during the last quarter. Personal CFO Solutions LLC acquired a new stake in shares of iShares National Muni Bond ETF in the 1st quarter worth $263,000. W Advisors LLC boosted its position in shares of iShares National Muni Bond ETF by 1.3% in the 1st quarter. W Advisors LLC now owns 14,720 shares of the exchange traded fund’s stock worth $1,563,000 after purchasing an additional 195 shares in the last quarter. Finally, Cahaba Wealth Management Inc. grew its stake in iShares National Muni Bond ETF by 9.2% during the 1st quarter. Cahaba Wealth Management Inc. now owns 383,426 shares of the exchange traded fund’s stock worth $40,701,000 after buying an additional 32,462 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Up 0.1%

MUB stock traded up $0.07 on Friday, hitting $107.01. 1,752,480 shares of the company’s stock were exchanged, compared to its average volume of 3,668,951. The firm has a 50 day moving average price of $106.97 and a two-hundred day moving average price of $107.22. 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.