Modera Wealth Management LLC Has $23.04 Million Position in iShares National Muni Bond ETF $MUB

Modera Wealth Management LLC boosted its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 215,092 shares of the exchange traded fund’s stock after purchasing an additional 7,962 shares during the quarter. Modera Wealth Management LLC owned about 0.05% of iShares National Muni Bond ETF worth $23,039,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Turning Point Benefit Group Inc. bought a new position in iShares National Muni Bond ETF during the 3rd quarter valued at $26,000. Hollencrest Capital Management bought a new position in iShares National Muni Bond ETF during the 2nd quarter valued at $26,000. Carolina Wealth Advisors LLC bought a new position in iShares National Muni Bond ETF during the 4th quarter valued at $28,000. Total Investment Management Inc. bought a new position in iShares National Muni Bond ETF during the 2nd quarter valued at $33,000. Finally, Imprint Wealth LLC bought a new position in iShares National Muni Bond ETF during the 3rd quarter valued at $35,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA:MUB opened at $106.45 on Tuesday. The stock’s fifty day simple moving average is $107.44 and its two-hundred day simple moving average is $107.22. iShares National Muni Bond ETF has a 1-year low of $100.29 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.