Xena Financial Planning LLC Invests $1.28 Million in iShares National Muni Bond ETF $MUB

Xena Financial Planning LLC bought a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 11,918 shares of the exchange traded fund’s stock, valued at approximately $1,277,000. iShares National Muni Bond ETF comprises approximately 1.5% of Xena Financial Planning LLC’s investment portfolio, making the stock its 15th largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wellington Management Group LLP purchased a new position in iShares National Muni Bond ETF during the 3rd quarter valued at $387,198,000. Bank of America Corp DE lifted its position in shares of iShares National Muni Bond ETF by 9.9% in the 3rd quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock worth $3,574,913,000 after purchasing an additional 3,026,165 shares during the period. Mercer Global Advisors Inc. ADV lifted its position in shares of iShares National Muni Bond ETF by 20.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock worth $799,905,000 after purchasing an additional 1,261,391 shares during the period. Creative Planning boosted its stake in shares of iShares National Muni Bond ETF by 6.9% during the 3rd quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock valued at $1,404,732,000 after purchasing an additional 851,224 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its stake in shares of iShares National Muni Bond ETF by 9.1% during the 3rd quarter. Fisher Asset Management LLC now owns 9,725,773 shares of the exchange traded fund’s stock valued at $1,035,698,000 after purchasing an additional 810,838 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.2%

Shares of NYSEARCA MUB opened at $106.15 on Wednesday. iShares National Muni Bond ETF has a 1 year low of $100.29 and a 1 year high of $109.00. The company’s 50-day moving average is $107.53 and its 200 day moving average is $107.22.

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.