Liberty Capital Management Inc. Purchases 65,346 Shares of iShares National Muni Bond ETF $MUB

Liberty Capital Management Inc. raised its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 506.0% in the 3rd quarter, HoldingsChannel reports. The fund owned 78,259 shares of the exchange traded fund’s stock after purchasing an additional 65,346 shares during the period. iShares National Muni Bond ETF makes up about 1.6% of Liberty Capital Management Inc.’s investment portfolio, making the stock its 18th biggest holding. Liberty Capital Management Inc.’s holdings in iShares National Muni Bond ETF were worth $8,334,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Waterway Wealth Management LLC acquired a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter worth approximately $21,196,000. Northwest Financial Advisors lifted its position in iShares National Muni Bond ETF by 40.7% in the third quarter. Northwest Financial Advisors now owns 3,241 shares of the exchange traded fund’s stock worth $345,000 after purchasing an additional 937 shares during the period. Rockland Trust Co. bought a new position in iShares National Muni Bond ETF in the third quarter worth $351,000. Prospera Financial Services Inc boosted its stake in iShares National Muni Bond ETF by 1.8% during the third quarter. Prospera Financial Services Inc now owns 56,362 shares of the exchange traded fund’s stock worth $6,002,000 after buying an additional 1,002 shares in the last quarter. Finally, Midwest Financial Group LLC increased its holdings in iShares National Muni Bond ETF by 2.0% in the 3rd quarter. Midwest Financial Group LLC now owns 14,575 shares of the exchange traded fund’s stock valued at $1,552,000 after buying an additional 289 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Up 0.2%

NYSEARCA:MUB opened at $107.96 on Wednesday. The company has a 50-day moving average of $107.31 and a 200-day moving average of $106.48. iShares National Muni Bond ETF has a 52 week low of $100.29 and a 52 week high of $108.10.

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). 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.