Concord Asset Management LLC VA Makes New Investment in iShares National Muni Bond ETF $MUB

Concord Asset Management LLC VA bought a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,977 shares of the exchange traded fund’s stock, valued at approximately $207,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. US Bancorp DE lifted its holdings in iShares National Muni Bond ETF by 34.4% during the second quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock valued at $767,087,000 after purchasing an additional 1,877,664 shares during the last quarter. Allstate Corp raised its position in shares of iShares National Muni Bond ETF by 91.2% in the first quarter. Allstate Corp now owns 3,017,964 shares of the exchange traded fund’s stock valued at $318,214,000 after purchasing an additional 1,439,584 shares during the period. Park Avenue Securities LLC bought a new stake in shares of iShares National Muni Bond ETF in the second quarter valued at approximately $116,279,000. Silver Oak Securities Incorporated purchased a new position in iShares National Muni Bond ETF in the 1st quarter valued at approximately $111,955,000. Finally, Charles Schwab Investment Management Inc. grew its stake in iShares National Muni Bond ETF by 9.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 9,199,988 shares of the exchange traded fund’s stock valued at $970,047,000 after buying an additional 802,170 shares in the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.1%

iShares National Muni Bond ETF stock opened at $107.01 on Tuesday. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $108.60. The firm has a 50 day simple moving average of $105.38 and a 200 day simple moving average of $104.43.

iShares National Muni Bond ETF 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).