iShares National Muni Bond ETF $MUB Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 4.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 8,431,113 shares of the exchange traded fund’s stock after acquiring an additional 328,494 shares during the period. iShares National Muni Bond ETF makes up approximately 0.6% of Northwestern Mutual Wealth Management Co.’s holdings, making the stock its 29th largest holding. Northwestern Mutual Wealth Management Co. owned about 2.14% of iShares National Muni Bond ETF worth $903,056,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MUB. CFS Investment Advisory Services LLC lifted its holdings in iShares National Muni Bond ETF by 0.6% in the 4th quarter. CFS Investment Advisory Services LLC now owns 32,407 shares of the exchange traded fund’s stock worth $3,471,000 after buying an additional 180 shares in the last quarter. Foundations Investment Advisors LLC lifted its holdings in iShares National Muni Bond ETF by 27.2% in the 4th quarter. Foundations Investment Advisors LLC now owns 54,070 shares of the exchange traded fund’s stock worth $5,791,000 after buying an additional 11,550 shares in the last quarter. Baker Avenue Asset Management LP lifted its holdings in iShares National Muni Bond ETF by 29.8% in the 4th quarter. Baker Avenue Asset Management LP now owns 41,007 shares of the exchange traded fund’s stock worth $4,392,000 after buying an additional 9,422 shares in the last quarter. Godfrey Financial Associates Inc. acquired a new position in iShares National Muni Bond ETF in the 4th quarter worth $85,000. Finally, IFG Advisory LLC lifted its holdings in iShares National Muni Bond ETF by 39.0% in the 4th quarter. IFG Advisory LLC now owns 35,139 shares of the exchange traded fund’s stock worth $3,764,000 after buying an additional 9,860 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 0.1%

Shares of MUB stock opened at $107.03 on Friday. iShares National Muni Bond ETF has a 12 month low of $103.14 and a 12 month high of $109.00. The company’s fifty day moving average price is $106.65 and its two-hundred day moving average price is $107.19.

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.