Raleigh Capital Management Inc. Acquires Shares of 247 iShares National Muni Bond ETF (NYSEARCA:MUB)

Raleigh Capital Management Inc. acquired a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 247 shares of the exchange traded fund’s stock, valued at approximately $27,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its stake in iShares National Muni Bond ETF by 28.1% in the first quarter. Envestnet Asset Management Inc. now owns 17,841,194 shares of the exchange traded fund’s stock valued at $1,922,210,000 after acquiring an additional 3,914,135 shares during the period. Moneta Group Investment Advisors LLC grew its holdings in shares of iShares National Muni Bond ETF by 132,338.1% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,393,745 shares of the exchange traded fund’s stock valued at $1,096,748,000 after buying an additional 10,385,897 shares during the last quarter. Betterment LLC grew its holdings in shares of iShares National Muni Bond ETF by 0.8% during the first quarter. Betterment LLC now owns 9,750,254 shares of the exchange traded fund’s stock valued at $1,050,492,000 after buying an additional 82,033 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of iShares National Muni Bond ETF by 10.8% during the fourth quarter. Wells Fargo & Company MN now owns 6,413,899 shares of the exchange traded fund’s stock valued at $676,795,000 after buying an additional 623,269 shares during the last quarter. Finally, Morgan Stanley grew its holdings in shares of iShares National Muni Bond ETF by 13.2% during the fourth quarter. Morgan Stanley now owns 6,323,506 shares of the exchange traded fund’s stock valued at $667,256,000 after buying an additional 739,269 shares during the last quarter.

iShares National Muni Bond ETF Stock Down 0.2 %

Shares of NYSEARCA:MUB opened at $104.75 on Friday. iShares National Muni Bond ETF has a 12-month low of $101.35 and a 12-month high of $108.66. The business’s 50 day moving average is $105.82 and its 200 day moving average is $106.41.

iShares National Muni Bond ETF 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).