AE Wealth Management LLC Purchases 40,955 Shares of iShares National Muni Bond ETF $MUB

AE Wealth Management LLC boosted its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 11.5% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 397,667 shares of the exchange traded fund’s stock after purchasing an additional 40,955 shares during the period. AE Wealth Management LLC owned about 0.10% of iShares National Muni Bond ETF worth $42,348,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of MUB. Granite Harbor Advisors Inc. increased its position in shares of iShares National Muni Bond ETF by 10.1% in the second quarter. Granite Harbor Advisors Inc. now owns 93,593 shares of the exchange traded fund’s stock worth $9,779,000 after purchasing an additional 8,596 shares during the period. Brookstone Capital Management lifted its position in iShares National Muni Bond ETF by 31.5% during the third quarter. Brookstone Capital Management now owns 130,663 shares of the exchange traded fund’s stock worth $13,914,000 after purchasing an additional 31,324 shares during the period. Allen Capital Group LLC grew its stake in iShares National Muni Bond ETF by 121.7% during the third quarter. Allen Capital Group LLC now owns 11,413 shares of the exchange traded fund’s stock worth $1,215,000 after buying an additional 6,265 shares in the last quarter. First Horizon Corp bought a new position in iShares National Muni Bond ETF in the 3rd quarter valued at about $3,365,000. Finally, BIP Wealth LLC increased its holdings in iShares National Muni Bond ETF by 171.2% in the 3rd quarter. BIP Wealth LLC now owns 71,152 shares of the exchange traded fund’s stock valued at $7,577,000 after buying an additional 44,917 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA:MUB opened at $107.81 on Thursday. The firm has a 50 day moving average of $107.21 and a 200-day moving average of $106.19. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $107.86.

iShares National Muni Bond ETF Company 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). 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.