Congress Asset Management Co. Makes New Investment in iShares National Muni Bond ETF $MUB

Congress Asset Management Co. purchased a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the second quarter, according to its most recent filing with the SEC. The firm purchased 3,364 shares of the exchange traded fund’s stock, valued at approximately $351,000.

A number of other large investors have also recently bought and sold shares of MUB. Brighton Jones LLC bought a new position in shares of iShares National Muni Bond ETF during the 4th quarter worth approximately $325,000. Revolve Wealth Partners LLC increased its stake in shares of iShares National Muni Bond ETF by 10.7% during the 4th quarter. Revolve Wealth Partners LLC now owns 124,193 shares of the exchange traded fund’s stock worth $13,233,000 after purchasing an additional 11,989 shares during the last quarter. Bison Wealth LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter worth approximately $516,000. Centaurus Financial Inc. purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter worth approximately $106,000. Finally, Retirement Wealth Solutions LLC increased its stake in shares of iShares National Muni Bond ETF by 3.8% during the 1st quarter. Retirement Wealth Solutions LLC now owns 21,012 shares of the exchange traded fund’s stock worth $2,215,000 after purchasing an additional 763 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Performance

Shares of MUB stock opened at $106.26 on Friday. The company has a 50 day moving average of $104.76 and a 200-day moving average of $104.37. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $108.81.

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).