Obermeyer Wealth Partners Makes New Investment in iShares National Muni Bond ETF $MUB

Obermeyer Wealth Partners bought a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,779 shares of the exchange traded fund’s stock, valued at approximately $584,000.

Several other institutional investors and hedge funds have also bought and sold shares of MUB. Bank of America Corp DE grew its holdings in iShares National Muni Bond ETF by 12.8% in the first 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 purchasing an additional 4,763,839 shares during the period. Envestnet Asset Management Inc. increased its stake in iShares National Muni Bond ETF by 5.3% in the second quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock valued at $1,892,488,000 after purchasing an additional 880,501 shares in the last quarter. Wedmont Private Capital raised its holdings in shares of iShares National Muni Bond ETF by 158.7% during the third quarter. Wedmont Private Capital now owns 1,235,371 shares of the exchange traded fund’s stock valued at $124,451,000 after purchasing an additional 757,882 shares during the period. Forvis Mazars Wealth Advisors LLC acquired a new position in shares of iShares National Muni Bond ETF during the third quarter valued at about $66,371,000. Finally, Cliftonlarsonallen Wealth Advisors LLC acquired a new position in shares of iShares National Muni Bond ETF during the third quarter valued at about $59,755,000. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Price Performance

MUB stock opened at $102.45 on Thursday. The company’s 50-day moving average is $103.12 and its 200-day moving average is $105.47. iShares National Muni Bond ETF has a 1 year low of $100.07 and a 1 year 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.