WLTH Capital Management LLC Makes New $3.98 Million Investment in iShares National Muni Bond ETF $MUB

WLTH Capital Management LLC bought a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 36,754 shares of the exchange traded fund’s stock, valued at approximately $3,979,000. iShares National Muni Bond ETF comprises about 3.1% of WLTH Capital Management LLC’s investment portfolio, making the stock its 10th largest position.

A number of other institutional investors have also modified their holdings of the stock. Advyzon Investment Management LLC raised its holdings in iShares National Muni Bond ETF by 18.1% during the third quarter. Advyzon Investment Management LLC now owns 41,426 shares of the exchange traded fund’s stock worth $4,411,000 after purchasing an additional 6,349 shares in the last quarter. Aegis Wealth Management Inc. acquired a new stake in iShares National Muni Bond ETF in the fourth quarter worth approximately $552,000. Confluence Investment Management LLC boosted its stake in iShares National Muni Bond ETF by 30.9% during the 4th quarter. Confluence Investment Management LLC now owns 29,933 shares of the exchange traded fund’s stock valued at $3,206,000 after purchasing an additional 7,072 shares in the last quarter. Cahaba Wealth Management Inc. boosted its stake in iShares National Muni Bond ETF by 3.4% during the 4th quarter. Cahaba Wealth Management Inc. now owns 350,964 shares of the exchange traded fund’s stock valued at $37,592,000 after purchasing an additional 11,597 shares in the last quarter. Finally, Arrowpoint Investment Partners Singapore Pte. Ltd. bought a new position in iShares National Muni Bond ETF during the 3rd quarter valued at $777,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.3%

Shares of MUB stock opened at $107.33 on Friday. iShares National Muni Bond ETF has a 1 year low of $103.14 and a 1 year high of $109.00. The business’s fifty day moving average is $106.90 and its 200-day moving average is $107.17.

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.