iShares National Muni Bond ETF $MUB Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC increased its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 11.9% in the first quarter, HoldingsChannel reports. The firm owned 1,977,019 shares of the exchange traded fund’s stock after buying an additional 210,628 shares during the quarter. iShares National Muni Bond ETF makes up approximately 1.2% of Sequoia Financial Advisors LLC’s holdings, making the stock its 17th biggest holding. Sequoia Financial Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $209,861,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new position in shares of iShares National Muni Bond ETF in the fourth quarter valued at approximately $325,000. Revolve Wealth Partners LLC lifted its stake in shares of iShares National Muni Bond ETF by 10.7% during the fourth quarter. Revolve Wealth Partners LLC now owns 124,193 shares of the exchange traded fund’s stock valued at $13,233,000 after buying an additional 11,989 shares during the period. Bison Wealth LLC acquired a new stake in iShares National Muni Bond ETF during the fourth quarter worth approximately $516,000. AQR Capital Management LLC boosted its position in iShares National Muni Bond ETF by 21.2% during the first quarter. AQR Capital Management LLC now owns 13,285 shares of the exchange traded fund’s stock worth $1,401,000 after acquiring an additional 2,322 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its stake in iShares National Muni Bond ETF by 5.7% in the 2nd quarter. Main Street Financial Solutions LLC now owns 19,303 shares of the exchange traded fund’s stock worth $2,017,000 after acquiring an additional 1,039 shares during the period. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.1%

MUB traded up $0.07 during trading on Friday, hitting $107.01. The company’s stock had a trading volume of 1,752,480 shares, compared to its average volume of 3,668,951. The firm’s 50 day moving average price is $106.97 and its 200-day moving average price is $107.22. iShares National Muni Bond ETF has a twelve month low of $103.14 and a twelve month high of $109.00.

iShares National Muni Bond ETF Company 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.