LPL Financial LLC Grows Stake in iShares National Muni Bond ETF $MUB

LPL Financial LLC increased its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 6.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,099,309 shares of the exchange traded fund’s stock after buying an additional 632,378 shares during the quarter. LPL Financial LLC’s holdings in iShares National Muni Bond ETF were worth $1,188,847,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in MUB. Turning Point Benefit Group Inc. purchased a new stake in shares of iShares National Muni Bond ETF during the third quarter valued at $26,000. Dunhill Financial LLC grew its holdings in shares of iShares National Muni Bond ETF by 807.1% during the fourth quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 226 shares during the last quarter. Carolina Wealth Advisors LLC purchased a new stake in shares of iShares National Muni Bond ETF during the fourth quarter valued at $28,000. Hantz Financial Services Inc. grew its holdings in shares of iShares National Muni Bond ETF by 164.1% during the fourth quarter. Hantz Financial Services Inc. now owns 309 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 192 shares during the last quarter. Finally, Imprint Wealth LLC purchased a new stake in shares of iShares National Muni Bond ETF during the third quarter valued at $35,000. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Price Performance

Shares of MUB opened at $106.97 on Monday. iShares National Muni Bond ETF has a 1-year low of $103.14 and a 1-year high of $109.00. The company’s fifty day moving average price is $106.74 and its 200-day moving average price is $107.18.

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.