Allstate Corp boosted its position in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 112.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,578,380 shares of the exchange traded fund’s stock after acquiring an additional 836,945 shares during the period. iShares National Muni Bond ETF accounts for 5.0% of Allstate Corp’s investment portfolio, making the stock its 4th biggest position. Allstate Corp owned approximately 0.46% of iShares National Muni Bond ETF worth $168,176,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of MUB. Able Wealth Management LLC raised its holdings in shares of iShares National Muni Bond ETF by 3.1% during the fourth quarter. Able Wealth Management LLC now owns 3,124 shares of the exchange traded fund’s stock valued at $333,000 after acquiring an additional 94 shares in the last quarter. Redwood Investment Management LLC increased its position in iShares National Muni Bond ETF by 0.6% during the 3rd quarter. Redwood Investment Management LLC now owns 17,193 shares of the exchange traded fund’s stock valued at $1,908,000 after purchasing an additional 97 shares during the period. Defined Wealth Management LLC raised its holdings in iShares National Muni Bond ETF by 5.1% in the 4th quarter. Defined Wealth Management LLC now owns 1,992 shares of the exchange traded fund’s stock worth $212,000 after purchasing an additional 97 shares in the last quarter. Bogart Wealth LLC lifted its position in shares of iShares National Muni Bond ETF by 6.3% in the 4th quarter. Bogart Wealth LLC now owns 1,677 shares of the exchange traded fund’s stock worth $179,000 after purchasing an additional 100 shares during the period. Finally, Kanawha Capital Management LLC boosted its stake in shares of iShares National Muni Bond ETF by 4.5% during the 4th quarter. Kanawha Capital Management LLC now owns 2,328 shares of the exchange traded fund’s stock valued at $248,000 after purchasing an additional 101 shares in the last quarter.
iShares National Muni Bond ETF Price Performance
MUB stock opened at $105.19 on Friday. iShares National Muni Bond ETF has a 1 year low of $104.58 and a 1 year high of $108.81. The firm has a 50-day moving average of $106.43 and a 200 day moving average of $107.07.
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).
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