Moss Adams Wealth Advisors LLC Acquires 127,987 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Moss Adams Wealth Advisors LLC raised its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 937.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 141,638 shares of the exchange traded fund’s stock after buying an additional 127,987 shares during the period. iShares National Muni Bond ETF comprises approximately 3.2% of Moss Adams Wealth Advisors LLC’s investment portfolio, making the stock its 6th biggest holding. Moss Adams Wealth Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $15,355,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MUB. Verdence Capital Advisors LLC increased its stake in iShares National Muni Bond ETF by 127.9% in the 3rd quarter. Verdence Capital Advisors LLC now owns 10,931 shares of the exchange traded fund’s stock valued at $1,121,000 after buying an additional 6,134 shares during the last quarter. FORVIS Wealth Advisors LLC lifted its holdings in iShares National Muni Bond ETF by 12.1% during the third quarter. FORVIS Wealth Advisors LLC now owns 504,026 shares of the exchange traded fund’s stock worth $51,683,000 after acquiring an additional 54,567 shares during the period. Cornerstone Retirement Group Inc. purchased a new position in iShares National Muni Bond ETF in the third quarter worth $468,000. Shufro Rose & Co. LLC grew its stake in iShares National Muni Bond ETF by 4.9% in the 3rd quarter. Shufro Rose & Co. LLC now owns 2,301 shares of the exchange traded fund’s stock valued at $236,000 after purchasing an additional 107 shares during the period. Finally, Calamos Wealth Management LLC grew its stake in iShares National Muni Bond ETF by 42.8% in the 3rd quarter. Calamos Wealth Management LLC now owns 18,216 shares of the exchange traded fund’s stock valued at $1,868,000 after purchasing an additional 5,464 shares during the period.

iShares National Muni Bond ETF Stock Performance

MUB stock traded down $0.07 during mid-day trading on Wednesday, hitting $107.02. The company had a trading volume of 1,935,182 shares, compared to its average volume of 3,664,913. iShares National Muni Bond ETF has a 12 month low of $100.78 and a 12 month high of $108.82. The stock’s fifty day moving average price is $107.10 and its two-hundred day moving average price is $106.75.

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).