Founders Grove Wealth Partners LLC Increases Stake in iShares National Muni Bond ETF (NYSEARCA:MUB)

Founders Grove Wealth Partners LLC increased its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 19.6% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,440 shares of the exchange traded fund’s stock after purchasing an additional 3,346 shares during the period. Founders Grove Wealth Partners LLC’s holdings in iShares National Muni Bond ETF were worth $2,155,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. RMR Wealth Builders boosted its stake in shares of iShares National Muni Bond ETF by 13.9% in the 1st quarter. RMR Wealth Builders now owns 162,281 shares of the exchange traded fund’s stock valued at $17,111,000 after purchasing an additional 19,796 shares in the last quarter. Patriot Investment Management Group Inc. boosted its position in iShares National Muni Bond ETF by 20.9% during the 1st quarter. Patriot Investment Management Group Inc. now owns 59,822 shares of the exchange traded fund’s stock valued at $6,308,000 after buying an additional 10,358 shares during the period. Kelly Financial Services LLC purchased a new stake in iShares National Muni Bond ETF during the 1st quarter valued at $270,000. Braun Bostich & Associates Inc. purchased a new stake in iShares National Muni Bond ETF during the 1st quarter valued at $232,000. Finally, Two West Capital Advisors LLC lifted its position in shares of iShares National Muni Bond ETF by 85.0% in the 1st quarter. Two West Capital Advisors LLC now owns 4,064 shares of the exchange traded fund’s stock worth $416,000 after purchasing an additional 1,867 shares during the period.

iShares National Muni Bond ETF Stock Up 0.4%

NYSEARCA:MUB opened at $104.10 on Friday. The company has a 50-day moving average price of $103.75 and a 200-day moving average price of $105.60. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 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).