Hamilton Wealth LLC Has $3.73 Million Position in iShares National Muni Bond ETF $MUB

Hamilton Wealth LLC boosted its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 117.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,109 shares of the exchange traded fund’s stock after purchasing an additional 18,954 shares during the quarter. Hamilton Wealth LLC’s holdings in iShares National Muni Bond ETF were worth $3,727,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in shares of iShares National Muni Bond ETF by 11.3% during the fourth quarter. Bank of America Corp DE now owns 37,349,821 shares of the exchange traded fund’s stock worth $4,000,539,000 after buying an additional 3,779,406 shares in the last quarter. Wellington Management Group LLP acquired a new position in shares of iShares National Muni Bond ETF in the third quarter valued at about $387,198,000. Allstate Corp grew its stake in shares of iShares National Muni Bond ETF by 173.3% in the fourth quarter. Allstate Corp now owns 3,016,409 shares of the exchange traded fund’s stock valued at $323,088,000 after acquiring an additional 1,912,851 shares in the last quarter. Betterment LLC increased its position in iShares National Muni Bond ETF by 9.5% during the fourth quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock worth $2,034,042,000 after acquiring an additional 1,646,689 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its position in iShares National Muni Bond ETF by 13.8% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 8,549,244 shares of the exchange traded fund’s stock worth $915,710,000 after acquiring an additional 1,037,682 shares during the period. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Price Performance

NYSEARCA MUB opened at $105.77 on Thursday. The firm has a 50-day moving average price of $106.87 and a two-hundred day moving average price of $107.14. iShares National Muni Bond ETF has a 12-month low of $103.58 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.