Brookstone Capital Management Boosts Stock Position in iShares National Muni Bond ETF $MUB

Brookstone Capital Management lifted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 7.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 140,193 shares of the exchange traded fund’s stock after purchasing an additional 9,530 shares during the period. Brookstone Capital Management’s holdings in iShares National Muni Bond ETF were worth $15,016,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its stake in iShares National Muni Bond ETF by 9.9% in the 3rd quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock worth $3,574,913,000 after acquiring an additional 3,026,165 shares in the last quarter. Betterment LLC grew its position in shares of iShares National Muni Bond ETF by 1.0% during the 2nd quarter. Betterment LLC now owns 18,584,233 shares of the exchange traded fund’s stock worth $1,941,681,000 after buying an additional 175,531 shares in the last quarter. Creative Planning grew its holdings in iShares National Muni Bond ETF by 6.9% during the 3rd quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock worth $1,404,732,000 after acquiring an additional 851,224 shares in the last quarter. Fisher Asset Management LLC increased its holdings in iShares National Muni Bond ETF by 9.1% during the third quarter. Fisher Asset Management LLC now owns 9,725,773 shares of the exchange traded fund’s stock valued at $1,035,698,000 after buying an additional 810,838 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares National Muni Bond ETF by 9.6% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 8,102,619 shares of the exchange traded fund’s stock valued at $862,848,000 after acquiring an additional 710,666 shares during the period. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $106.15 on Wednesday. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $109.00. The business has a fifty day moving average price of $107.53 and a 200 day moving average price of $107.22.

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.