62,938 iShares National Muni Bond ETF $MUB Shares Bought by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. grew its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 55.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 176,206 shares of the exchange traded fund’s stock after acquiring an additional 62,938 shares during the quarter. Confluence Wealth Services Inc.’s holdings in iShares National Muni Bond ETF were worth $17,814,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE raised its stake in shares of iShares National Muni Bond ETF by 12.8% in the 1st quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock valued at $4,470,365,000 after purchasing an additional 4,763,839 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of iShares National Muni Bond ETF during the third quarter worth about $279,664,000. Park Avenue Securities LLC acquired a new position in iShares National Muni Bond ETF in the third quarter worth about $153,414,000. Signaturefd LLC acquired a new position in iShares National Muni Bond ETF in the third quarter worth about $92,707,000. Finally, 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. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Price Performance

Shares of iShares National Muni Bond ETF stock opened at $104.54 on Wednesday. iShares National Muni Bond ETF has a fifty-two week low of $100.07 and a fifty-two week high of $109.00. The business has a 50-day moving average price of $102.76 and a 200 day moving average price of $105.85.

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.