Alesco Advisors LLC Boosts Stock Position in iShares National Muni Bond ETF $MUB

Alesco Advisors LLC raised its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 8.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 194,627 shares of the exchange traded fund’s stock after purchasing an additional 15,720 shares during the quarter. iShares National Muni Bond ETF accounts for 0.5% of Alesco Advisors LLC’s portfolio, making the stock its 23rd largest position. Alesco Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $20,847,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Turning Point Benefit Group Inc. acquired a new stake in shares of iShares National Muni Bond ETF in the third quarter valued at approximately $26,000. Carolina Wealth Advisors LLC acquired a new stake in shares of iShares National Muni Bond ETF in the fourth quarter valued at approximately $28,000. Imprint Wealth LLC acquired a new stake in shares of iShares National Muni Bond ETF in the third quarter valued at approximately $35,000. Inlight Wealth Management LLC acquired a new stake in shares of iShares National Muni Bond ETF in the third quarter valued at approximately $37,000. Finally, Caitlin John LLC acquired a new stake in shares of iShares National Muni Bond ETF in the third quarter valued at approximately $40,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

MUB stock opened at $107.31 on Thursday. The business has a fifty day moving average of $107.27 and a two-hundred day moving average of $107.27. iShares National Muni Bond ETF has a 52-week low of $103.14 and a 52-week high of $109.00.

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). 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.