Blue Chip Partners LLC Grows Stock Holdings in iShares National Muni Bond ETF $MUB

Blue Chip Partners LLC boosted its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 191.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,896 shares of the exchange traded fund’s stock after purchasing an additional 9,136 shares during the period. Blue Chip Partners LLC’s holdings in iShares National Muni Bond ETF were worth $1,475,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. FreeGulliver LLC increased its position in iShares National Muni Bond ETF by 3.8% during the first quarter. FreeGulliver LLC now owns 3,812 shares of the exchange traded fund’s stock valued at $405,000 after acquiring an additional 139 shares during the last quarter. Matrix Private Capital Group LLC bought a new stake in shares of iShares National Muni Bond ETF during the 1st quarter valued at about $382,000. Hilltop Holdings Inc. grew its stake in shares of iShares National Muni Bond ETF by 16.8% during the 1st quarter. Hilltop Holdings Inc. now owns 9,304 shares of the exchange traded fund’s stock valued at $988,000 after purchasing an additional 1,337 shares during the period. GC Wealth Management RIA LLC bought a new stake in shares of iShares National Muni Bond ETF during the 1st quarter valued at about $1,533,000. Finally, Compound Planning Inc. increased its position in shares of iShares National Muni Bond ETF by 121.8% during the 1st quarter. Compound Planning Inc. now owns 133,357 shares of the exchange traded fund’s stock valued at $14,156,000 after purchasing an additional 73,240 shares during the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA:MUB opened at $105.55 on Monday. The firm’s 50 day moving average price is $106.87 and its 200-day moving average price is $107.17. iShares National Muni Bond ETF has a twelve month low of $103.43 and a twelve month 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.