LPL Financial LLC Buys 632,378 Shares of iShares National Muni Bond ETF $MUB

LPL Financial LLC grew its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 6.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,099,309 shares of the exchange traded fund’s stock after acquiring an additional 632,378 shares during the period. LPL Financial LLC owned about 2.81% of iShares National Muni Bond ETF worth $1,188,847,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of MUB. Brighton Jones LLC purchased a new position in iShares National Muni Bond ETF during the fourth quarter valued at approximately $325,000. Revolve Wealth Partners LLC grew its holdings in 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 worth $13,233,000 after purchasing an additional 11,989 shares during the last quarter. Bison Wealth LLC purchased a new position in iShares National Muni Bond ETF in the fourth quarter worth $516,000. AQR Capital Management LLC grew its holdings in iShares National Muni Bond ETF by 21.2% in the first quarter. AQR Capital Management LLC now owns 13,285 shares of the exchange traded fund’s stock worth $1,401,000 after purchasing an additional 2,322 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its holdings in iShares National Muni Bond ETF by 5.7% in the second quarter. Main Street Financial Solutions LLC now owns 19,303 shares of the exchange traded fund’s stock worth $2,017,000 after purchasing an additional 1,039 shares during the last quarter. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Price Performance

NYSEARCA MUB opened at $106.97 on Monday. The firm’s fifty day simple moving average is $106.74 and its two-hundred day simple moving average is $107.18. iShares National Muni Bond ETF has a 12-month low of $103.14 and a 12-month 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.