JPMorgan Chase & Co. Increases Stock Position in iShares National Muni Bond ETF $MUB

JPMorgan Chase & Co. boosted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 2.5% during the fourth quarter, HoldingsChannel reports. The firm owned 4,691,873 shares of the exchange traded fund’s stock after buying an additional 115,176 shares during the period. JPMorgan Chase & Co.’s holdings in iShares National Muni Bond ETF were worth $502,547,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of MUB. Advyzon Investment Management LLC grew its holdings in shares of iShares National Muni Bond ETF by 18.1% in the third quarter. Advyzon Investment Management LLC now owns 41,426 shares of the exchange traded fund’s stock worth $4,411,000 after purchasing an additional 6,349 shares during the last quarter. Aegis Wealth Management Inc. bought a new position in shares of iShares National Muni Bond ETF in the fourth quarter worth approximately $552,000. Confluence Investment Management LLC grew its holdings in shares of iShares National Muni Bond ETF by 30.9% in the fourth quarter. Confluence Investment Management LLC now owns 29,933 shares of the exchange traded fund’s stock worth $3,206,000 after purchasing an additional 7,072 shares during the last quarter. Cahaba Wealth Management Inc. grew its holdings in shares of iShares National Muni Bond ETF by 3.4% in the fourth quarter. Cahaba Wealth Management Inc. now owns 350,964 shares of the exchange traded fund’s stock worth $37,592,000 after purchasing an additional 11,597 shares during the last quarter. Finally, Crestwood Advisors Group LLC grew its holdings in shares of iShares National Muni Bond ETF by 5.8% in the third quarter. Crestwood Advisors Group LLC now owns 490,899 shares of the exchange traded fund’s stock worth $52,276,000 after purchasing an additional 27,123 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 iShares National Muni Bond ETF stock opened at $106.82 on Thursday. iShares National Muni Bond ETF has a 52-week low of $103.14 and a 52-week high of $109.00. The company’s 50 day moving average price is $106.81 and its 200-day moving average price is $107.18.

iShares National Muni Bond ETF 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.