Thrive Wealth Management LLC Has $5.16 Million Stock Holdings in iShares National Muni Bond ETF $MUB

Thrive Wealth Management LLC boosted its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 23.8% during the second quarter, HoldingsChannel.com reports. The fund owned 47,970 shares of the exchange traded fund’s stock after buying an additional 9,226 shares during the quarter. iShares National Muni Bond ETF makes up 0.7% of Thrive Wealth Management LLC’s portfolio, making the stock its 22nd biggest position. Thrive Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $5,162,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of iShares National Muni Bond ETF by 12.8% during the 1st quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock worth $4,470,365,000 after buying an additional 4,763,839 shares during the last quarter. Betterment LLC grew its position in iShares National Muni Bond ETF by 9.5% in the fourth quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock valued at $2,034,042,000 after acquiring an additional 1,646,689 shares during the last quarter. Creative Planning grew its position in iShares National Muni Bond ETF by 6.9% in the third quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock valued at $1,404,732,000 after acquiring an additional 851,224 shares during the last quarter. LPL Financial LLC grew its position in iShares National Muni Bond ETF by 6.0% in the fourth quarter. LPL Financial LLC now owns 11,099,309 shares of the exchange traded fund’s stock valued at $1,188,847,000 after acquiring an additional 632,378 shares during the last quarter. Finally, Fisher Asset Management LLC raised its stake in iShares National Muni Bond ETF by 10.2% during the fourth quarter. Fisher Asset Management LLC now owns 10,713,817 shares of the exchange traded fund’s stock worth $1,147,557,000 after acquiring an additional 988,044 shares in the last quarter. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA MUB opened at $105.82 on Thursday. iShares National Muni Bond ETF has a 12 month low of $103.83 and a 12 month high of $109.00. The stock has a 50-day moving average price of $106.80 and a two-hundred day moving average price of $107.07.

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.