Morton Brown Family Wealth LLC Has $21.30 Million Stake in iShares National Muni Bond ETF (NYSEARCA:MUB)

Morton Brown Family Wealth LLC lifted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 6.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 199,924 shares of the exchange traded fund’s stock after buying an additional 12,513 shares during the period. iShares National Muni Bond ETF makes up approximately 7.4% of Morton Brown Family Wealth LLC’s portfolio, making the stock its 3rd biggest holding. Morton Brown Family Wealth LLC’s holdings in iShares National Muni Bond ETF were worth $21,302,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Life Planning Partners Inc grew its stake in shares of iShares National Muni Bond ETF by 10,274.8% in the fourth quarter. Life Planning Partners Inc now owns 3,676,931 shares of the exchange traded fund’s stock worth $391,777,000 after purchasing an additional 3,641,490 shares during the last quarter. US Bancorp DE lifted its holdings in iShares National Muni Bond ETF by 37.2% in the 3rd quarter. US Bancorp DE now owns 6,855,514 shares of the exchange traded fund’s stock worth $744,716,000 after buying an additional 1,859,907 shares during the period. Balentine LLC grew its position in shares of iShares National Muni Bond ETF by 373.8% in the 3rd quarter. Balentine LLC now owns 885,803 shares of the exchange traded fund’s stock worth $96,225,000 after buying an additional 698,834 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares National Muni Bond ETF by 8.4% during the third quarter. LPL Financial LLC now owns 7,582,923 shares of the exchange traded fund’s stock valued at $823,733,000 after buying an additional 585,598 shares during the period. Finally, Angeles Wealth Management LLC purchased a new position in shares of iShares National Muni Bond ETF during the third quarter valued at approximately $63,453,000.

iShares National Muni Bond ETF Stock Up 0.2 %

Shares of MUB stock opened at $106.70 on Tuesday. The stock has a fifty day moving average of $106.54 and a 200 day moving average of $107.39. iShares National Muni Bond ETF has a 52 week low of $105.00 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).