iShares National Muni Bond ETF (NYSEARCA:MUB) is Kestra Investment Management LLC’s 9th Largest Position

Kestra Investment Management LLC raised its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 22.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 493,112 shares of the exchange traded fund’s stock after purchasing an additional 90,378 shares during the quarter. iShares National Muni Bond ETF makes up 2.1% of Kestra Investment Management LLC’s investment portfolio, making the stock its 9th largest position. Kestra Investment Management LLC’s holdings in iShares National Muni Bond ETF were worth $52,541,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Joel Isaacson & Co. LLC boosted its stake in shares of iShares National Muni Bond ETF by 14.5% in the fourth quarter. Joel Isaacson & Co. LLC now owns 38,576 shares of the exchange traded fund’s stock valued at $4,110,000 after buying an additional 4,892 shares in the last quarter. Ameritas Advisory Services LLC boosted its position in shares of iShares National Muni Bond ETF by 158.5% during the 4th quarter. Ameritas Advisory Services LLC now owns 5,319 shares of the exchange traded fund’s stock worth $567,000 after purchasing an additional 3,261 shares in the last quarter. Appleton Partners Inc. MA grew its stake in shares of iShares National Muni Bond ETF by 352.8% during the 4th quarter. Appleton Partners Inc. MA now owns 18,465 shares of the exchange traded fund’s stock worth $1,967,000 after purchasing an additional 14,387 shares during the period. Financial Life Advisors increased its holdings in shares of iShares National Muni Bond ETF by 2.1% in the 4th quarter. Financial Life Advisors now owns 51,290 shares of the exchange traded fund’s stock valued at $5,465,000 after purchasing an additional 1,065 shares in the last quarter. Finally, Principal Financial Group Inc. acquired a new stake in shares of iShares National Muni Bond ETF in the third quarter valued at about $263,000.

iShares National Muni Bond ETF Price Performance

MUB stock opened at $106.70 on Tuesday. The company’s 50-day moving average price is $106.54 and its 200 day moving average price is $107.39. iShares National Muni Bond ETF has a 52 week low of $105.00 and a 52 week high of $108.81.

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).