Breakwater Investment Management Boosts Stock Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Breakwater Investment Management increased its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 1,377.4% in the 2nd quarter, Holdings Channel.com reports. The firm owned 4,373 shares of the exchange traded fund’s stock after buying an additional 4,077 shares during the quarter. Breakwater Investment Management’s holdings in iShares National Muni Bond ETF were worth $466,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Teilinger Capital Ltd. bought a new stake in iShares National Muni Bond ETF during the 2nd quarter worth approximately $13,852,000. Envestnet Asset Management Inc. increased its holdings in shares of iShares National Muni Bond ETF by 8.9% in the second quarter. Envestnet Asset Management Inc. now owns 18,518,502 shares of the exchange traded fund’s stock worth $1,973,146,000 after purchasing an additional 1,512,868 shares during the period. Wealthspire Advisors LLC raised its position in shares of iShares National Muni Bond ETF by 1.1% in the second quarter. Wealthspire Advisors LLC now owns 571,121 shares of the exchange traded fund’s stock worth $60,853,000 after buying an additional 6,018 shares in the last quarter. Parallel Advisors LLC raised its position in shares of iShares National Muni Bond ETF by 25.7% in the second quarter. Parallel Advisors LLC now owns 32,025 shares of the exchange traded fund’s stock worth $3,412,000 after buying an additional 6,542 shares in the last quarter. Finally, GHP Investment Advisors Inc. bought a new stake in iShares National Muni Bond ETF during the second quarter valued at $44,000.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $108.44 on Friday. The stock’s 50-day simple moving average is $107.70 and its two-hundred day simple moving average is $107.14. iShares National Muni Bond ETF has a twelve month low of $100.78 and a twelve month high of $108.82.

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).