iShares National Muni Bond ETF $MUB Shares Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC raised its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,704,780 shares of the exchange traded fund’s stock after acquiring an additional 29,907 shares during the period. iShares National Muni Bond ETF accounts for about 1.1% of Sequoia Financial Advisors LLC’s investment portfolio, making the stock its 17th biggest holding. Sequoia Financial Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $181,542,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Fisher Asset Management LLC lifted its position in shares of iShares National Muni Bond ETF by 43.0% during the 2nd quarter. Fisher Asset Management LLC now owns 8,914,935 shares of the exchange traded fund’s stock valued at $931,432,000 after acquiring an additional 2,679,139 shares during the last quarter. US Bancorp DE lifted its holdings in shares of iShares National Muni Bond ETF by 34.4% during the second quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock valued at $767,087,000 after purchasing an additional 1,877,664 shares during the last quarter. Park Avenue Securities LLC acquired a new position in shares of iShares National Muni Bond ETF in the 2nd quarter valued at $116,279,000. Laurel Wealth Advisors LLC boosted its position in shares of iShares National Muni Bond ETF by 11,118.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,093,247 shares of the exchange traded fund’s stock valued at $114,222,000 after purchasing an additional 1,083,502 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in iShares National Muni Bond ETF by 4.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,357,173 shares of the exchange traded fund’s stock worth $2,126,917,000 after purchasing an additional 890,804 shares in the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

NYSEARCA MUB opened at $107.61 on Friday. iShares National Muni Bond ETF has a 1 year low of $100.29 and a 1 year high of $107.85. The stock’s 50-day moving average price is $107.15 and its two-hundred day moving average price is $106.01.

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). The Index measures the performance of the investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.