Wealth Management Resources Inc. Raises Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Wealth Management Resources Inc. raised its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 17.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,219 shares of the exchange traded fund’s stock after purchasing an additional 6,924 shares during the period. iShares National Muni Bond ETF accounts for 2.2% of Wealth Management Resources Inc.’s investment portfolio, making the stock its 16th largest holding. Wealth Management Resources Inc.’s holdings in iShares National Muni Bond ETF were worth $4,973,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in MUB. Orgel Wealth Management LLC increased its stake in iShares National Muni Bond ETF by 1,262.2% in the fourth quarter. Orgel Wealth Management LLC now owns 3,827,435 shares of the exchange traded fund’s stock valued at $414,932,000 after purchasing an additional 3,546,457 shares during the period. RWA Wealth Partners LLC lifted its holdings in shares of iShares National Muni Bond ETF by 381.5% in the 4th quarter. RWA Wealth Partners LLC now owns 2,729,275 shares of the exchange traded fund’s stock valued at $295,881,000 after buying an additional 2,162,458 shares during the period. JPMorgan Chase & Co. grew its holdings in iShares National Muni Bond ETF by 27.2% during the third quarter. JPMorgan Chase & Co. now owns 9,850,090 shares of the exchange traded fund’s stock worth $1,010,029,000 after acquiring an additional 2,106,010 shares during the period. Allspring Global Investments Holdings LLC raised its position in iShares National Muni Bond ETF by 2,279.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,206,718 shares of the exchange traded fund’s stock worth $130,820,000 after acquiring an additional 1,156,008 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in iShares National Muni Bond ETF by 7.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 16,290,564 shares of the exchange traded fund’s stock valued at $1,766,060,000 after acquiring an additional 1,144,829 shares during the period.

iShares National Muni Bond ETF Trading Up 0.3 %

MUB traded up $0.28 on Thursday, hitting $106.71. 2,812,002 shares of the company were exchanged, compared to its average volume of 3,604,272. iShares National Muni Bond ETF has a fifty-two week low of $100.78 and a fifty-two week high of $108.82. The business’s fifty day moving average is $106.48 and its 200 day moving average is $107.27.

About iShares National Muni Bond ETF

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).