SMART Wealth LLC Grows Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

SMART Wealth LLC increased its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 10.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,073 shares of the exchange traded fund’s stock after purchasing an additional 1,480 shares during the period. SMART Wealth LLC’s holdings in iShares National Muni Bond ETF were worth $1,695,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in shares of iShares National Muni Bond ETF by 20.7% during the 4th quarter. Bank of America Corp DE now owns 30,881,189 shares of the exchange traded fund’s stock worth $3,290,391,000 after purchasing an additional 5,297,542 shares during the period. Envestnet Asset Management Inc. boosted its position in iShares National Muni Bond ETF by 5.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 20,358,585 shares of the exchange traded fund’s stock valued at $2,169,207,000 after buying an additional 1,138,987 shares during the period. Betterment LLC boosted its position in iShares National Muni Bond ETF by 8.1% in the 4th quarter. Betterment LLC now owns 18,258,259 shares of the exchange traded fund’s stock valued at $1,945,417,000 after buying an additional 1,371,663 shares during the period. GAMMA Investing LLC boosted its position in iShares National Muni Bond ETF by 11,651.4% in the 1st quarter. GAMMA Investing LLC now owns 13,444,444 shares of the exchange traded fund’s stock valued at $1,417,582,000 after buying an additional 13,330,037 shares during the period. Finally, Wells Fargo & Company MN boosted its position in iShares National Muni Bond ETF by 17.9% in the 4th quarter. Wells Fargo & Company MN now owns 10,606,146 shares of the exchange traded fund’s stock valued at $1,130,085,000 after buying an additional 1,608,092 shares during the period. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Price Performance

iShares National Muni Bond ETF stock opened at $104.27 on Friday. iShares National Muni Bond ETF has a 1 year low of $100.29 and a 1 year high of $108.81. The firm has a 50-day moving average of $104.04 and a two-hundred day moving average of $105.19.

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).