Commonwealth Equity Services LLC Makes New $279.66 Million Investment in iShares National Muni Bond ETF $MUB

Commonwealth Equity Services LLC bought a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) in the third quarter, HoldingsChannel reports. The fund bought 2,766,216 shares of the exchange traded fund’s stock, valued at approximately $279,664,000.

Other large investors have also recently bought and sold shares of the company. Schmidt P J Investment Management Inc. bought a new position in iShares National Muni Bond ETF in the 3rd quarter valued at approximately $303,000. Capital Investment Services of America Inc. acquired a new stake in iShares National Muni Bond ETF during the 3rd quarter worth approximately $5,144,000. Wrenne Financial Planning LLC boosted its position in iShares National Muni Bond ETF by 26.4% during the 3rd quarter. Wrenne Financial Planning LLC now owns 104,279 shares of the exchange traded fund’s stock worth $10,543,000 after buying an additional 21,765 shares during the period. Chicago Partners Investment Group LLC bought a new stake in iShares National Muni Bond ETF during the 3rd quarter worth approximately $3,890,000. Finally, Covestor Ltd grew its holdings in iShares National Muni Bond ETF by 6.8% during the 3rd quarter. Covestor Ltd now owns 5,896 shares of the exchange traded fund’s stock worth $596,000 after acquiring an additional 373 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $104.81 on Friday. iShares National Muni Bond ETF has a 52-week low of $100.07 and a 52-week high of $109.00. The firm has a 50 day moving average price of $102.79 and a two-hundred day moving average price of $105.88.

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). 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.