Retirement Investment Advisors Inc. Grows Stake in iShares National Muni Bond ETF $MUB

Retirement Investment Advisors Inc. increased its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 10.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 392,035 shares of the exchange traded fund’s stock after acquiring an additional 37,875 shares during the period. iShares National Muni Bond ETF comprises 3.5% of Retirement Investment Advisors Inc.’s portfolio, making the stock its 8th biggest position. Retirement Investment Advisors Inc.’s holdings in iShares National Muni Bond ETF were worth $41,748,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of MUB. Granite Harbor Advisors Inc. boosted its stake in iShares National Muni Bond ETF by 10.1% in the second quarter. Granite Harbor Advisors Inc. now owns 93,593 shares of the exchange traded fund’s stock valued at $9,779,000 after acquiring an additional 8,596 shares in the last quarter. Brookstone Capital Management increased its position in shares of iShares National Muni Bond ETF by 31.5% during the third quarter. Brookstone Capital Management now owns 130,663 shares of the exchange traded fund’s stock worth $13,914,000 after purchasing an additional 31,324 shares in the last quarter. Allen Capital Group LLC lifted its holdings in shares of iShares National Muni Bond ETF by 121.7% during the 3rd quarter. Allen Capital Group LLC now owns 11,413 shares of the exchange traded fund’s stock valued at $1,215,000 after purchasing an additional 6,265 shares during the last quarter. First Horizon Corp purchased a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter valued at $3,365,000. Finally, Montecito Bank & Trust acquired a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter worth $645,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of MUB stock opened at $107.61 on Friday. The stock’s fifty day moving average price is $107.15 and its 200 day moving average price is $105.99. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $107.85.

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.