Alley Investment Management Company LLC Buys 5,686 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Alley Investment Management Company LLC boosted its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 4.5% during the fourth quarter, Holdings Channel reports. The firm owned 132,201 shares of the exchange traded fund’s stock after purchasing an additional 5,686 shares during the quarter. iShares National Muni Bond ETF comprises about 1.8% of Alley Investment Management Company LLC’s holdings, making the stock its 23rd biggest position. Alley Investment Management Company LLC’s holdings in iShares National Muni Bond ETF were worth $14,086,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC increased its holdings in iShares National Muni Bond ETF by 719.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 108,460 shares of the exchange traded fund’s stock valued at $11,561,000 after buying an additional 95,221 shares during the last quarter. Joel Isaacson & Co. LLC increased its holdings in iShares National Muni Bond ETF by 14.5% during the fourth quarter. Joel Isaacson & Co. LLC now owns 38,576 shares of the exchange traded fund’s stock valued at $4,110,000 after buying an additional 4,892 shares during the last quarter. Ameritas Advisory Services LLC increased its holdings in iShares National Muni Bond ETF by 158.5% during the fourth quarter. Ameritas Advisory Services LLC now owns 5,319 shares of the exchange traded fund’s stock valued at $567,000 after buying an additional 3,261 shares during the last quarter. Appleton Partners Inc. MA increased its holdings in iShares National Muni Bond ETF by 352.8% during the fourth quarter. Appleton Partners Inc. MA now owns 18,465 shares of the exchange traded fund’s stock valued at $1,967,000 after buying an additional 14,387 shares during the last quarter. Finally, Financial Life Advisors increased its holdings in iShares National Muni Bond ETF by 2.1% during the fourth quarter. Financial Life Advisors now owns 51,290 shares of the exchange traded fund’s stock valued at $5,465,000 after buying an additional 1,065 shares during the last quarter.

iShares National Muni Bond ETF Stock Down 0.3 %

Shares of MUB stock opened at $107.31 on Tuesday. The company has a 50 day simple moving average of $106.54 and a two-hundred day simple moving average of $107.33. iShares National Muni Bond ETF has a 12 month low of $105.00 and a 12 month 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).