Modera Wealth Management LLC Acquires 7,962 Shares of iShares National Muni Bond ETF $MUB

Modera Wealth Management LLC lifted its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.8% during the fourth quarter, HoldingsChannel reports. The firm owned 215,092 shares of the exchange traded fund’s stock after purchasing an additional 7,962 shares during the quarter. Modera Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $23,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in MUB. Hollencrest Capital Management bought a new stake in shares of iShares National Muni Bond ETF during the 2nd quarter worth $26,000. Turning Point Benefit Group Inc. bought a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter worth $26,000. Carolina Wealth Advisors LLC bought a new stake in shares of iShares National Muni Bond ETF during the 4th quarter worth $28,000. Total Investment Management Inc. bought a new stake in shares of iShares National Muni Bond ETF during the 2nd quarter worth $33,000. Finally, Imprint Wealth LLC bought a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter worth $35,000. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Trading Down 0.0%

NYSEARCA MUB opened at $106.45 on Tuesday. iShares National Muni Bond ETF has a one year low of $100.29 and a one year high of $109.00. The business’s fifty day moving average is $107.44 and its 200-day moving average is $107.22.

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). 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.