Savvy Advisors Inc. Grows Stock Holdings in iShares National Muni Bond ETF $MUB

Savvy Advisors Inc. lifted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 37.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 272,482 shares of the exchange traded fund’s stock after purchasing an additional 73,519 shares during the quarter. iShares National Muni Bond ETF comprises approximately 0.9% of Savvy Advisors Inc.’s holdings, making the stock its 18th largest position. Savvy Advisors Inc. owned 0.07% of iShares National Muni Bond ETF worth $29,186,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Brighton Jones LLC bought a new stake in iShares National Muni Bond ETF in the fourth quarter worth $325,000. Revolve Wealth Partners LLC increased its holdings in shares of iShares National Muni Bond ETF by 10.7% during the fourth quarter. Revolve Wealth Partners LLC now owns 124,193 shares of the exchange traded fund’s stock valued at $13,233,000 after acquiring an additional 11,989 shares in the last quarter. Bison Wealth LLC bought a new position in shares of iShares National Muni Bond ETF during the fourth quarter valued at $516,000. AQR Capital Management LLC raised its position in shares of iShares National Muni Bond ETF by 21.2% in the 1st quarter. AQR Capital Management LLC now owns 13,285 shares of the exchange traded fund’s stock worth $1,401,000 after purchasing an additional 2,322 shares during the last quarter. Finally, Baird Financial Group Inc. raised its position in shares of iShares National Muni Bond ETF by 8.2% in the 2nd quarter. Baird Financial Group Inc. now owns 350,578 shares of the exchange traded fund’s stock worth $36,628,000 after purchasing an additional 26,552 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 iShares National Muni Bond ETF stock opened at $106.49 on Friday. iShares National Muni Bond ETF has a 1 year low of $100.29 and a 1 year high of $109.00. The firm’s 50-day moving average is $107.47 and its 200 day moving average is $107.22.

About iShares National Muni Bond ETF

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.