Investment Partners LTD. Buys New Shares in iShares National Muni Bond ETF $MUB

Investment Partners LTD. bought a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 54,572 shares of the exchange traded fund’s stock, valued at approximately $5,517,000. iShares National Muni Bond ETF makes up approximately 0.9% of Investment Partners LTD.’s investment portfolio, making the stock its 29th biggest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its position in shares of iShares National Muni Bond ETF by 12.8% during the 1st quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock valued at $4,470,365,000 after acquiring an additional 4,763,839 shares during the period. Park Avenue Securities LLC acquired a new stake in iShares National Muni Bond ETF in the third quarter worth $153,414,000. Signaturefd LLC acquired a new stake in iShares National Muni Bond ETF in the third quarter worth $92,707,000. 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. Finally, Wedmont Private Capital increased its stake in iShares National Muni Bond ETF by 158.7% in 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 in the last quarter. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Trading Up 0.3%

Shares of NYSEARCA MUB opened at $104.18 on Friday. The firm’s 50-day moving average price is $102.88 and its 200-day moving average price is $105.95. iShares National Muni Bond ETF has a 1-year low of $100.07 and a 1-year 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.