BIP Wealth LLC Increases Stock Holdings in iShares National Muni Bond ETF $MUB

BIP Wealth LLC raised its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 171.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 71,152 shares of the exchange traded fund’s stock after buying an additional 44,917 shares during the quarter. BIP Wealth LLC’s holdings in iShares National Muni Bond ETF were worth $7,577,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Hollencrest Capital Management acquired a new position in shares of iShares National Muni Bond ETF during the second quarter valued at about $26,000. Total Investment Management Inc. purchased a new stake in iShares National Muni Bond ETF during the 2nd quarter worth approximately $33,000. Inlight Wealth Management LLC acquired a new position in iShares National Muni Bond ETF during the 3rd quarter valued at approximately $37,000. Harbor Asset Planning Inc. acquired a new position in iShares National Muni Bond ETF during the 2nd quarter valued at approximately $43,000. Finally, Evolution Wealth Management Inc. purchased a new position in shares of iShares National Muni Bond ETF in the second quarter worth $44,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of MUB opened at $107.50 on Thursday. The company’s fifty day moving average price is $107.16 and its 200-day moving average price is $106.07. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $107.85.

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). The Index measures the performance of the investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.