iShares National Muni Bond ETF $MUB Stock Position Increased by Cahaba Wealth Management Inc.

Cahaba Wealth Management Inc. lifted its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 350,964 shares of the exchange traded fund’s stock after purchasing an additional 11,597 shares during the quarter. iShares National Muni Bond ETF comprises about 2.6% of Cahaba Wealth Management Inc.’s holdings, making the stock its 9th biggest holding. Cahaba Wealth Management Inc. owned about 0.09% of iShares National Muni Bond ETF worth $37,592,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in MUB. Brookstone Capital Management raised its stake in shares of iShares National Muni Bond ETF by 31.5% in the third quarter. Brookstone Capital Management now owns 130,663 shares of the exchange traded fund’s stock valued at $13,914,000 after acquiring an additional 31,324 shares in the last quarter. Advyzon Investment Management LLC grew its stake in iShares National Muni Bond ETF by 18.1% during the 3rd quarter. Advyzon Investment Management LLC now owns 41,426 shares of the exchange traded fund’s stock worth $4,411,000 after purchasing an additional 6,349 shares in the last quarter. Allen Capital Group LLC increased its holdings in iShares National Muni Bond ETF by 121.7% during the 3rd quarter. Allen Capital Group LLC now owns 11,413 shares of the exchange traded fund’s stock worth $1,215,000 after purchasing an additional 6,265 shares during the period. First Horizon Corp purchased a new stake in iShares National Muni Bond ETF during the 3rd quarter worth about $3,365,000. Finally, BIP Wealth LLC raised its position 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 purchasing an additional 44,917 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.9%

Shares of MUB opened at $105.91 on Friday. The stock has a 50-day simple moving average of $107.77 and a 200-day simple moving average of $107.20. iShares National Muni Bond ETF has a 1 year low of $100.29 and a 1 year high of $109.00.

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.