Envestnet Asset Management Inc. Grows Stock Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Envestnet Asset Management Inc. boosted its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 5.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,358,585 shares of the exchange traded fund’s stock after purchasing an additional 1,138,987 shares during the period. iShares National Muni Bond ETF comprises approximately 0.7% of Envestnet Asset Management Inc.’s investment portfolio, making the stock its 23rd biggest holding. Envestnet Asset Management Inc. owned approximately 5.90% of iShares National Muni Bond ETF worth $2,169,207,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares National Muni Bond ETF in the 4th quarter worth approximately $26,000. Advantage Trust Co acquired a new stake in iShares National Muni Bond ETF during the fourth quarter valued at $26,000. National Bank of Canada FI grew its position in iShares National Muni Bond ETF by 346.7% during the fourth quarter. National Bank of Canada FI now owns 268 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 208 shares during the period. New Millennium Group LLC increased its holdings in iShares National Muni Bond ETF by 103.5% in the fourth quarter. New Millennium Group LLC now owns 291 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 148 shares in the last quarter. Finally, Legacy Investment Solutions LLC purchased a new position in iShares National Muni Bond ETF in the third quarter valued at $34,000.

iShares National Muni Bond ETF Stock Performance

NYSEARCA:MUB opened at $105.74 on Friday. iShares National Muni Bond ETF has a 52 week low of $104.58 and a 52 week high of $108.81. The stock’s 50-day moving average price is $106.36 and its 200-day moving average price is $106.97.

iShares National Muni Bond ETF Company 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).