iShares National Muni Bond ETF (NYSEARCA:MUB) Stake Raised by Summit Investment Advisors Inc.

Summit Investment Advisors Inc. increased its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 38,727 shares of the exchange traded fund’s stock after purchasing an additional 710 shares during the quarter. Summit Investment Advisors Inc.’s holdings in iShares National Muni Bond ETF were worth $4,126,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the business. Brooklyn FI LLC grew its stake in shares of iShares National Muni Bond ETF by 6,306.0% in the fourth quarter. Brooklyn FI LLC now owns 6,966,465 shares of the exchange traded fund’s stock worth $748,438,000 after purchasing an additional 6,857,716 shares in the last quarter. Life Planning Partners Inc grew its position in iShares National Muni Bond ETF by 10,274.8% in the 4th quarter. Life Planning Partners Inc now owns 3,676,931 shares of the exchange traded fund’s stock valued at $391,777,000 after buying an additional 3,641,490 shares in the last quarter. LPL Financial LLC increased its stake in iShares National Muni Bond ETF by 27.1% during the 4th quarter. LPL Financial LLC now owns 9,636,610 shares of the exchange traded fund’s stock valued at $1,026,781,000 after buying an additional 2,053,687 shares during the period. Wells Fargo & Company MN raised its position in shares of iShares National Muni Bond ETF by 17.9% during the 4th quarter. Wells Fargo & Company MN now owns 10,606,146 shares of the exchange traded fund’s stock worth $1,130,085,000 after buying an additional 1,608,092 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of iShares National Muni Bond ETF by 5.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 20,358,585 shares of the exchange traded fund’s stock worth $2,169,207,000 after acquiring an additional 1,138,987 shares during the period.

iShares National Muni Bond ETF Trading Down 0.6 %

iShares National Muni Bond ETF stock opened at $102.31 on Monday. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $108.81. The firm has a 50 day simple moving average of $105.84 and a 200-day simple moving average of $106.69.

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).