New York Life Investment Management LLC Buys 321,574 Shares of iShares National Muni Bond ETF $MUB

New York Life Investment Management LLC bought a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) in the 3rd quarter, Holdings Channel reports. The firm bought 321,574 shares of the exchange traded fund’s stock, valued at approximately $32,511,000.

A number of other institutional investors have also added to or reduced their stakes in MUB. IMG Wealth Management Inc. raised its position in iShares National Muni Bond ETF by 79.9% during the first quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 107 shares in the last quarter. Asset Dedication LLC acquired a new stake in iShares National Muni Bond ETF in the third quarter valued at $30,000. Next Level Wealth Planning LLC acquired a new stake in iShares National Muni Bond ETF in the third quarter valued at $34,000. Security National Bank of SO Dak bought a new position in shares of iShares National Muni Bond ETF in the 2nd quarter valued at about $37,000. Finally, First Bancorp Inc ME bought a new position in shares of iShares National Muni Bond ETF in the 2nd quarter valued at about $38,000. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Performance

iShares National Muni Bond ETF stock opened at $104.54 on Wednesday. The company’s 50-day moving average is $102.76 and its 200-day moving average is $105.85. iShares National Muni Bond ETF has a fifty-two week low of $100.07 and a fifty-two week high of $109.00.

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.