Nisa Investment Advisors LLC Purchases 83,685 Shares of iShares National Muni Bond ETF $MUB

Nisa Investment Advisors LLC boosted its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 25.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 407,115 shares of the exchange traded fund’s stock after acquiring an additional 83,685 shares during the quarter. Nisa Investment Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $42,535,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Betterment LLC raised its stake in shares of iShares National Muni Bond ETF by 0.8% in the first quarter. Betterment LLC now owns 18,408,702 shares of the exchange traded fund’s stock worth $1,941,014,000 after purchasing an additional 150,443 shares during the last quarter. LPL Financial LLC lifted its position in shares of iShares National Muni Bond ETF by 3.1% during the first quarter. LPL Financial LLC now owns 9,936,130 shares of the exchange traded fund’s stock worth $1,047,666,000 after acquiring an additional 299,520 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of iShares National Muni Bond ETF by 9.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 9,199,988 shares of the exchange traded fund’s stock worth $970,047,000 after acquiring an additional 802,170 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares National Muni Bond ETF by 7.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 7,588,089 shares of the exchange traded fund’s stock valued at $800,088,000 after purchasing an additional 550,570 shares in the last quarter. Finally, US Bancorp DE raised its stake in shares of iShares National Muni Bond ETF by 34.4% during the 2nd quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock valued at $767,087,000 after purchasing an additional 1,877,664 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $107.60 on Friday. iShares National Muni Bond ETF has a 52 week low of $100.29 and a 52 week high of $108.60. The business has a 50-day simple moving average of $105.98 and a two-hundred day simple moving average of $104.61.

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).