7,481 Shares in iShares National Muni Bond ETF $MUB Purchased by Sowell Financial Services LLC

Sowell Financial Services LLC bought a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 7,481 shares of the exchange traded fund’s stock, valued at approximately $756,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MUB. Bank of America Corp DE grew its holdings in shares of iShares National Muni Bond ETF by 12.8% in the 1st quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock valued at $4,470,365,000 after buying an additional 4,763,839 shares during the period. Envestnet Asset Management Inc. increased its position in shares of iShares National Muni Bond ETF by 5.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock valued at $1,892,488,000 after buying an additional 880,501 shares in the last quarter. Wedmont Private Capital raised its stake in iShares National Muni Bond ETF by 158.7% during the 3rd quarter. Wedmont Private Capital now owns 1,235,371 shares of the exchange traded fund’s stock worth $124,451,000 after buying an additional 757,882 shares during the period. Forvis Mazars Wealth Advisors LLC acquired a new stake in iShares National Muni Bond ETF during the 3rd quarter worth $66,371,000. Finally, Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in iShares National Muni Bond ETF during the 3rd quarter worth $59,755,000. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Trading Up 0.2%

MUB stock opened at $103.43 on Friday. iShares National Muni Bond ETF has a 1-year low of $100.07 and a 1-year high of $109.00. The business’s 50-day moving average price is $103.02 and its two-hundred day moving average price is $105.43.

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.