Forvis Mazars Wealth Advisors LLC Makes New $66.37 Million Investment in iShares National Muni Bond ETF $MUB

Forvis Mazars Wealth Advisors LLC acquired a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 656,492 shares of the exchange traded fund’s stock, valued at approximately $66,371,000. iShares National Muni Bond ETF comprises approximately 1.1% of Forvis Mazars Wealth Advisors LLC’s portfolio, making the stock its 13th biggest position. Forvis Mazars Wealth Advisors LLC owned approximately 0.14% of iShares National Muni Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of MUB. Checchi Capital Advisers LLC boosted its position in iShares National Muni Bond ETF by 21.5% in the 1st quarter. Checchi Capital Advisers LLC now owns 47,229 shares of the exchange traded fund’s stock valued at $5,013,000 after buying an additional 8,356 shares during the period. First Heartland Consultants Inc. purchased a new position in shares of iShares National Muni Bond ETF during the third quarter worth approximately $2,296,000. CX Institutional increased its position in shares of iShares National Muni Bond ETF by 6.9% during the third quarter. CX Institutional now owns 253,468 shares of the exchange traded fund’s stock worth $25,626,000 after acquiring an additional 16,427 shares during the period. Triad Wealth Partners LLC increased its position in shares of iShares National Muni Bond ETF by 44.0% during the first quarter. Triad Wealth Partners LLC now owns 100,580 shares of the exchange traded fund’s stock worth $10,677,000 after acquiring an additional 30,724 shares during the period. Finally, Sterling Investment Advisors Ltd. raised its stake in shares of iShares National Muni Bond ETF by 23.3% during the second quarter. Sterling Investment Advisors Ltd. now owns 62,389 shares of the exchange traded fund’s stock valued at $6,714,000 after acquiring an additional 11,800 shares in the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of iShares National Muni Bond ETF stock traded up $0.61 on Tuesday, hitting $101.77. 31,901,621 shares of the company traded hands, compared to its average volume of 5,725,034. The stock’s 50 day moving average price is $103.63 and its 200-day moving average price is $105.66. iShares National Muni Bond ETF has a 52 week low of $100.07 and a 52 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.