Wealth Management Resources Inc. Purchases 6,924 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Wealth Management Resources Inc. grew its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 17.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,219 shares of the exchange traded fund’s stock after purchasing an additional 6,924 shares during the period. iShares National Muni Bond ETF makes up 2.2% of Wealth Management Resources Inc.’s investment portfolio, making the stock its 16th largest holding. Wealth Management Resources Inc.’s holdings in iShares National Muni Bond ETF were worth $4,973,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in MUB. Envestnet Asset Management Inc. grew its position in iShares National Muni Bond ETF by 7.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 16,290,564 shares of the exchange traded fund’s stock valued at $1,766,060,000 after purchasing an additional 1,144,829 shares during the last quarter. Creative Planning increased its position in iShares National Muni Bond ETF by 5.3% in the third quarter. Creative Planning now owns 11,686,881 shares of the exchange traded fund’s stock worth $1,198,373,000 after buying an additional 585,104 shares in the last quarter. JPMorgan Chase & Co. raised its stake in iShares National Muni Bond ETF by 27.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,850,090 shares of the exchange traded fund’s stock worth $1,010,029,000 after acquiring an additional 2,106,010 shares during the period. Wells Fargo & Company MN boosted its holdings in iShares National Muni Bond ETF by 6.9% in the 4th quarter. Wells Fargo & Company MN now owns 7,978,397 shares of the exchange traded fund’s stock worth $864,938,000 after buying an additional 517,538 shares during the period. Finally, Envestnet Portfolio Solutions Inc. lifted its position in shares of iShares National Muni Bond ETF by 4.9% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 5,911,962 shares of the exchange traded fund’s stock valued at $640,916,000 after acquiring an additional 277,085 shares in the last quarter.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA:MUB traded up $0.28 during trading on Thursday, hitting $106.71. 2,812,002 shares of the company’s stock were exchanged, compared to its average volume of 3,604,272. The business’s 50-day simple moving average is $106.48 and its 200 day simple moving average is $107.27. iShares National Muni Bond ETF has a 52-week low of $100.78 and a 52-week high of $108.82.

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).