NewEdge Advisors LLC Purchases 20,880 Shares of iShares National Muni Bond ETF $MUB

NewEdge Advisors LLC raised its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 10.6% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 218,305 shares of the exchange traded fund’s stock after buying an additional 20,880 shares during the period. NewEdge Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $23,173,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Foguth Wealth Management LLC. increased its position in shares of iShares National Muni Bond ETF by 20.1% in the first quarter. Foguth Wealth Management LLC. now owns 2,333 shares of the exchange traded fund’s stock valued at $250,000 after acquiring an additional 391 shares during the period. Asset Dedication LLC boosted its holdings in shares of iShares National Muni Bond ETF by 9,833.3% during the first quarter. Asset Dedication LLC now owns 298 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 295 shares during the period. Bank of America Corp DE grew its stake in shares of iShares National Muni Bond ETF by 12.8% in the first quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock worth $4,470,365,000 after purchasing an additional 4,763,839 shares during the last quarter. Hamilton Wealth LLC grew its stake in shares of iShares National Muni Bond ETF by 117.3% in the first quarter. Hamilton Wealth LLC now owns 35,109 shares of the exchange traded fund’s stock worth $3,727,000 after purchasing an additional 18,954 shares during the last quarter. Finally, Chesapeake Wealth Management grew its stake in shares of iShares National Muni Bond ETF by 7.6% in the first quarter. Chesapeake Wealth Management now owns 5,110 shares of the exchange traded fund’s stock worth $542,000 after purchasing an additional 360 shares during the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA:MUB opened at $105.94 on Friday. The stock’s 50-day moving average is $106.75 and its 200 day moving average is $107.04. iShares National Muni Bond ETF has a 1 year low of $103.83 and a 1 year 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.