iShares National Muni Bond ETF (NYSEARCA:MUB) Position Boosted by Betterment LLC

Betterment LLC increased its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 8.1% during the fourth quarter, Holdings Channel reports. The fund owned 18,258,259 shares of the exchange traded fund’s stock after acquiring an additional 1,371,663 shares during the quarter. iShares National Muni Bond ETF makes up approximately 4.6% of Betterment LLC’s investment portfolio, making the stock its 5th biggest position. Betterment LLC owned 0.05% of iShares National Muni Bond ETF worth $1,945,417,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Oak Wealth Advisors LLC purchased a new stake in shares of iShares National Muni Bond ETF in the fourth quarter valued at $2,595,000. Berger Financial Group Inc grew its stake in shares of iShares National Muni Bond ETF by 17.9% in the fourth quarter. Berger Financial Group Inc now owns 3,767 shares of the exchange traded fund’s stock valued at $401,000 after buying an additional 571 shares in the last quarter. Prosperity Consulting Group LLC raised its holdings in shares of iShares National Muni Bond ETF by 1.3% during the 4th quarter. Prosperity Consulting Group LLC now owns 42,071 shares of the exchange traded fund’s stock valued at $4,483,000 after buying an additional 533 shares during the period. Arkos Global Advisors lifted its position in iShares National Muni Bond ETF by 2.3% during the 4th quarter. Arkos Global Advisors now owns 727,982 shares of the exchange traded fund’s stock worth $77,566,000 after acquiring an additional 16,169 shares in the last quarter. Finally, Capital Analysts LLC boosted its holdings in iShares National Muni Bond ETF by 3.7% in the 4th quarter. Capital Analysts LLC now owns 189,391 shares of the exchange traded fund’s stock worth $20,180,000 after acquiring an additional 6,723 shares during the period.

iShares National Muni Bond ETF Trading Up 0.1 %

MUB opened at $104.02 on Friday. The firm’s 50 day moving average is $105.21 and its 200-day moving average is $106.37. iShares National Muni Bond ETF has a 52-week low of $100.29 and a 52-week high of $108.81.

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).