iShares National Muni Bond ETF $MUB Stock Position Boosted by Pines Wealth Management LLC

Pines Wealth Management LLC lifted its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,151 shares of the exchange traded fund’s stock after acquiring an additional 2,207 shares during the period. iShares National Muni Bond ETF accounts for 2.7% of Pines Wealth Management LLC’s holdings, making the stock its 6th largest position. Pines Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $7,523,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its holdings in shares of iShares National Muni Bond ETF by 11,651.4% during the first quarter. GAMMA Investing LLC now owns 13,444,444 shares of the exchange traded fund’s stock worth $1,417,582,000 after buying an additional 13,330,037 shares in the last quarter. Allstate Corp boosted its position in iShares National Muni Bond ETF by 91.2% during the first quarter. Allstate Corp now owns 3,017,964 shares of the exchange traded fund’s stock worth $318,214,000 after acquiring an additional 1,439,584 shares during the last quarter. Silver Oak Securities Incorporated purchased a new stake in iShares National Muni Bond ETF during the 1st quarter valued at about $111,955,000. Charles Schwab Investment Management Inc. raised its holdings in iShares National Muni Bond ETF by 9.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 9,199,988 shares of the exchange traded fund’s stock valued at $970,047,000 after acquiring an additional 802,170 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in iShares National Muni Bond ETF by 57.1% in the 1st quarter. Raymond James Financial Inc. now owns 1,743,638 shares of the exchange traded fund’s stock valued at $183,849,000 after acquiring an additional 633,905 shares during the last quarter. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Price Performance

MUB opened at $106.68 on Wednesday. The company’s 50 day simple moving average is $104.33 and its two-hundred day simple moving average is $104.37. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $108.81.

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).