Cardinal Point Capital Management ULC lifted its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 1.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 373,539 shares of the exchange traded fund’s stock after acquiring an additional 5,529 shares during the quarter. iShares National Muni Bond ETF accounts for about 2.1% of Cardinal Point Capital Management ULC’s holdings, making the stock its 11th largest position. Cardinal Point Capital Management ULC owned about 0.08% of iShares National Muni Bond ETF worth $37,765,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Bank of America Corp DE boosted its position in iShares National Muni Bond ETF by 12.8% in the first quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock worth $4,470,365,000 after purchasing an additional 4,763,839 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of iShares National Muni Bond ETF by 5.3% during the 2nd 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 during the last quarter. Wedmont Private Capital increased its position in shares of iShares National Muni Bond ETF by 158.7% during the 3rd 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 during the last quarter. Forvis Mazars Wealth Advisors LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter valued at $66,371,000. Finally, Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter valued at $59,755,000. 90.19% of the stock is currently owned by institutional investors.
iShares National Muni Bond ETF Trading Up 0.1%
NYSEARCA MUB opened at $102.45 on Thursday. iShares National Muni Bond ETF has a one year low of $100.07 and a one year high of $109.00. The business’s fifty day moving average is $103.12 and its 200-day moving average is $105.47.
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.
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