B. Riley Wealth Advisors Inc. Purchases New Position in iShares National Muni Bond ETF $MUB

B. Riley Wealth Advisors Inc. bought a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 7,985 shares of the exchange traded fund’s stock, valued at approximately $834,000.

A number of other large investors have also recently made changes to their positions in the business. Envestnet Asset Management Inc. grew its position in iShares National Muni Bond ETF by 4.6% in the second quarter. Envestnet Asset Management Inc. now owns 20,357,173 shares of the exchange traded fund’s stock worth $2,126,917,000 after acquiring an additional 890,804 shares in the last quarter. Betterment LLC boosted its holdings in shares of iShares National Muni Bond ETF by 1.0% in the 2nd quarter. Betterment LLC now owns 18,584,233 shares of the exchange traded fund’s stock worth $1,941,681,000 after purchasing an additional 175,531 shares during the period. Fisher Asset Management LLC increased its position in shares of iShares National Muni Bond ETF by 43.0% during the 2nd quarter. Fisher Asset Management LLC now owns 8,914,935 shares of the exchange traded fund’s stock valued at $931,432,000 after purchasing an additional 2,679,139 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares National Muni Bond ETF by 7.8% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 7,588,089 shares of the exchange traded fund’s stock valued at $800,088,000 after purchasing an additional 550,570 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in iShares National Muni Bond ETF by 5.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 7,528,127 shares of the exchange traded fund’s stock valued at $786,539,000 after buying an additional 369,771 shares during the period. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Up 0.1%

NYSEARCA MUB opened at $106.99 on Wednesday. The company has a fifty day moving average of $107.16 and a two-hundred day moving average of $105.48. iShares National Muni Bond ETF has a 52 week low of $100.29 and a 52 week high of $107.72.

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).