Planning Alternatives Ltd. ADV Increases Holdings in iShares National Muni Bond ETF $MUB

Planning Alternatives Ltd. ADV lifted its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 73.1% in the third quarter, HoldingsChannel.com reports. The fund owned 11,896 shares of the exchange traded fund’s stock after buying an additional 5,023 shares during the quarter. Planning Alternatives Ltd. ADV’s holdings in iShares National Muni Bond ETF were worth $1,267,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in MUB. Hollencrest Capital Management purchased a new position in iShares National Muni Bond ETF in the 2nd quarter worth approximately $26,000. Total Investment Management Inc. purchased a new stake in iShares National Muni Bond ETF during the 2nd quarter valued at approximately $33,000. Inlight Wealth Management LLC bought a new stake in shares of iShares National Muni Bond ETF during the third quarter valued at approximately $37,000. Caitlin John LLC purchased a new position in shares of iShares National Muni Bond ETF in the third quarter worth $40,000. Finally, Evolution Wealth Management Inc. purchased a new position in shares of iShares National Muni Bond ETF in the second quarter worth $44,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Down 0.5%

MUB opened at $107.76 on Wednesday. The company has a fifty day moving average of $107.77 and a 200 day moving average of $106.94. iShares National Muni Bond ETF has a fifty-two week low of $100.29 and a fifty-two week high of $109.00.

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.