Revolve Wealth Partners LLC raised its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 52.1% in the third quarter, Holdings Channel reports. The institutional investor owned 187,229 shares of the exchange traded fund’s stock after buying an additional 64,150 shares during the quarter. iShares National Muni Bond ETF accounts for about 2.0% of Revolve Wealth Partners LLC’s holdings, making the stock its 13th biggest position. Revolve Wealth Partners LLC’s holdings in iShares National Muni Bond ETF were worth $18,929,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in the stock. Bank of America Corp DE grew its stake in shares of 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 acquiring an additional 4,763,839 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares National Muni Bond ETF by 5.3% during 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 acquiring an additional 880,501 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of iShares National Muni Bond ETF by 3.0% during the first quarter. Bank of New York Mellon Corp now owns 7,303,630 shares of the exchange traded fund’s stock valued at $775,280,000 after acquiring an additional 214,265 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of iShares National Muni Bond ETF by 14.9% during the first quarter. Cetera Investment Advisers now owns 3,210,936 shares of the exchange traded fund’s stock valued at $340,841,000 after acquiring an additional 416,372 shares in the last quarter. Finally, Assetmark Inc. raised its position in shares of iShares National Muni Bond ETF by 4.2% in the 1st quarter. Assetmark Inc. now owns 3,196,889 shares of the exchange traded fund’s stock worth $339,350,000 after purchasing an additional 129,497 shares during the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.
iShares National Muni Bond ETF Price Performance
MUB opened at $103.43 on Monday. The stock has a 50-day moving average price of $103.02 and a 200-day moving average price of $105.43. 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.
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