Capital Asset Advisory Services LLC Has $19.05 Million Stake in iShares National Muni Bond ETF (NYSEARCA:MUB)

Capital Asset Advisory Services LLC increased its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.0% in the fourth quarter, HoldingsChannel reports. The firm owned 178,738 shares of the exchange traded fund’s stock after acquiring an additional 5,218 shares during the period. iShares National Muni Bond ETF accounts for about 0.9% of Capital Asset Advisory Services LLC’s investment portfolio, making the stock its 28th biggest holding. Capital Asset Advisory Services LLC’s holdings in iShares National Muni Bond ETF were worth $19,050,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MUB. Creative Planning lifted its position in iShares National Muni Bond ETF by 6.1% in the 3rd quarter. Creative Planning now owns 12,627,580 shares of the exchange traded fund’s stock worth $1,371,734,000 after buying an additional 723,492 shares in the last quarter. JPMorgan Chase & Co. lifted its position in iShares National Muni Bond ETF by 3.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,698,212 shares of the exchange traded fund’s stock worth $1,053,517,000 after acquiring an additional 286,468 shares during the last quarter. LPL Financial LLC lifted its position in iShares National Muni Bond ETF by 8.4% during the 3rd quarter. LPL Financial LLC now owns 7,582,923 shares of the exchange traded fund’s stock worth $823,733,000 after acquiring an additional 585,598 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of iShares National Muni Bond ETF by 0.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 7,366,762 shares of the exchange traded fund’s stock worth $800,251,000 after purchasing an additional 66,958 shares during the period. Finally, US Bancorp DE increased its holdings in shares of iShares National Muni Bond ETF by 37.2% during the 3rd quarter. US Bancorp DE now owns 6,855,514 shares of the exchange traded fund’s stock worth $744,716,000 after purchasing an additional 1,859,907 shares during the period.

iShares National Muni Bond ETF Price Performance

NYSEARCA MUB opened at $106.29 on Monday. The company’s 50-day simple moving average is $106.97 and its 200 day simple moving average is $107.45. iShares National Muni Bond ETF has a twelve month low of $105.00 and a twelve month high of $108.81.

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).