Todd Asset Management LLC Takes $1.68 Million Position in iShares National Muni Bond ETF $MUB

Todd Asset Management LLC purchased a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,648 shares of the exchange traded fund’s stock, valued at approximately $1,676,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of MUB. Brighton Jones LLC acquired a new position in iShares National Muni Bond ETF during the fourth quarter worth approximately $325,000. Revolve Wealth Partners LLC increased its holdings in shares of iShares National Muni Bond ETF by 10.7% in the fourth quarter. Revolve Wealth Partners LLC now owns 124,193 shares of the exchange traded fund’s stock valued at $13,233,000 after purchasing an additional 11,989 shares during the last quarter. Bison Wealth LLC bought a new position in shares of iShares National Muni Bond ETF in the fourth quarter valued at about $516,000. AQR Capital Management LLC boosted its holdings in shares of iShares National Muni Bond ETF by 21.2% during the 1st quarter. AQR Capital Management LLC now owns 13,285 shares of the exchange traded fund’s stock worth $1,401,000 after buying an additional 2,322 shares during the period. Finally, Main Street Financial Solutions LLC grew its stake in iShares National Muni Bond ETF by 5.7% in the 2nd quarter. Main Street Financial Solutions LLC now owns 19,303 shares of the exchange traded fund’s stock valued at $2,017,000 after buying an additional 1,039 shares during the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of MUB stock opened at $106.17 on Tuesday. iShares National Muni Bond ETF has a 12-month low of $103.14 and a 12-month high of $109.00. The firm has a 50 day moving average price of $106.67 and a two-hundred day moving average price of $107.19.

iShares National Muni Bond ETF Company 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.