Wedmont Private Capital Purchases 5,016 Shares of iShares National Muni Bond ETF $MUB

Wedmont Private Capital increased its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 477,489 shares of the exchange traded fund’s stock after acquiring an additional 5,016 shares during the quarter. iShares National Muni Bond ETF comprises 1.4% of Wedmont Private Capital’s investment portfolio, making the stock its 13th largest holding. Wedmont Private Capital owned approximately 0.11% of iShares National Muni Bond ETF worth $51,096,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Karpus Management Inc. purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter valued at approximately $25,000. MBM Wealth Consultants LLC purchased a new position in iShares National Muni Bond ETF in the 1st quarter valued at approximately $26,000. IMG Wealth Management Inc. grew its stake in iShares National Muni Bond ETF by 79.9% in the 1st quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 107 shares in the last quarter. Turning Point Benefit Group Inc. bought a new stake in iShares National Muni Bond ETF during the 3rd quarter valued at $26,000. Finally, Asset Dedication LLC raised its holdings in iShares National Muni Bond ETF by 9,833.3% during the 1st quarter. Asset Dedication LLC now owns 298 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 295 shares during the period. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

NYSEARCA:MUB opened at $104.03 on Friday. iShares National Muni Bond ETF has a 1 year low of $103.99 and a 1 year high of $109.00. The stock’s fifty day moving average price is $106.00 and its two-hundred day moving average price is $106.70.

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.