iShares National Muni Bond ETF $MUB Stock: Kestra Investment Management LLC Raises Position

Kestra Investment Management LLC raised its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 4.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 643,393 shares of the exchange traded fund’s stock after purchasing an additional 26,830 shares during the period. iShares National Muni Bond ETF comprises 1.2% of Kestra Investment Management LLC’s holdings, making the stock its 24th largest position. Kestra Investment Management LLC owned about 0.12% of iShares National Muni Bond ETF worth $65,047,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. AlphaCore Capital LLC raised its stake in iShares National Muni Bond ETF by 78.3% in the 3rd quarter. AlphaCore Capital LLC now owns 36,831 shares of the exchange traded fund’s stock valued at $3,724,000 after purchasing an additional 16,177 shares during the last quarter. Joseph Group Capital Management raised its stake in iShares National Muni Bond ETF by 18.6% during the third quarter. Joseph Group Capital Management now owns 31,909 shares of the exchange traded fund’s stock worth $3,226,000 after purchasing an additional 5,008 shares during the period. Allspring Global Investments Holdings LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter valued at approximately $16,167,000. Bryn Mawr Trust Advisors LLC raised its position in iShares National Muni Bond ETF by 3.7% in the third quarter. Bryn Mawr Trust Advisors LLC now owns 32,715 shares of the exchange traded fund’s stock valued at $3,308,000 after purchasing an additional 1,156 shares during the period. Finally, Family Capital Management Inc. lifted its position in iShares National Muni Bond ETF by 8.1% in the third quarter. Family Capital Management Inc. now owns 15,352 shares of the exchange traded fund’s stock valued at $1,552,000 after buying an additional 1,156 shares during the last quarter. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA MUB opened at $104.98 on Tuesday. iShares National Muni Bond ETF has a 52-week low of $100.07 and a 52-week high of $109.00. The business’s 50 day moving average is $102.77 and its two-hundred day moving average is $105.86.

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.