Altus Wealth Management LLC Buys 3,755 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Altus Wealth Management LLC lifted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 96.7% in the 4th quarter, HoldingsChannel reports. The firm owned 7,640 shares of the exchange traded fund’s stock after buying an additional 3,755 shares during the quarter. iShares National Muni Bond ETF accounts for 0.4% of Altus Wealth Management LLC’s portfolio, making the stock its 20th biggest position. Altus Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $814,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of MUB. AQR Capital Management LLC bought a new position in iShares National Muni Bond ETF in the second quarter worth $1,112,000. The Manufacturers Life Insurance Company increased its stake in shares of iShares National Muni Bond ETF by 8.0% during the second quarter. The Manufacturers Life Insurance Company now owns 200,497 shares of the exchange traded fund’s stock valued at $21,417,000 after purchasing an additional 14,922 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of iShares National Muni Bond ETF by 6.6% during the second quarter. Millennium Management LLC now owns 24,805 shares of the exchange traded fund’s stock valued at $2,643,000 after purchasing an additional 1,543 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of iShares National Muni Bond ETF by 26.0% in the 2nd quarter. NewEdge Advisors LLC now owns 115,477 shares of the exchange traded fund’s stock worth $12,304,000 after purchasing an additional 23,801 shares in the last quarter. Finally, Invst LLC grew its stake in shares of iShares National Muni Bond ETF by 15.7% in the 2nd quarter. Invst LLC now owns 8,403 shares of the exchange traded fund’s stock worth $892,000 after buying an additional 1,139 shares during the last quarter.

iShares National Muni Bond ETF Price Performance

iShares National Muni Bond ETF stock opened at $106.83 on Tuesday. iShares National Muni Bond ETF has a 12 month low of $105.00 and a 12 month high of $108.81. The business’s fifty day simple moving average is $106.97 and its two-hundred day simple moving average is $107.46.

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).