Janney Montgomery Scott LLC Boosts Stock Holdings in iShares National Muni Bond ETF $MUB

Janney Montgomery Scott LLC grew its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 11.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 233,162 shares of the exchange traded fund’s stock after buying an additional 24,225 shares during the period. Janney Montgomery Scott LLC owned 0.06% of iShares National Muni Bond ETF worth $24,750,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Aegis Wealth Management Inc. acquired a new position in shares of iShares National Muni Bond ETF in the 4th quarter valued at about $552,000. Confluence Investment Management LLC increased its position in iShares National Muni Bond ETF by 30.9% during the 4th quarter. Confluence Investment Management LLC now owns 29,933 shares of the exchange traded fund’s stock worth $3,206,000 after purchasing an additional 7,072 shares in the last quarter. Cahaba Wealth Management Inc. increased its position in iShares National Muni Bond ETF by 3.4% during the 4th quarter. Cahaba Wealth Management Inc. now owns 350,964 shares of the exchange traded fund’s stock worth $37,592,000 after purchasing an additional 11,597 shares in the last quarter. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in iShares National Muni Bond ETF in the third quarter valued at approximately $777,000. Finally, CIBC Bancorp USA Inc. purchased a new position in iShares National Muni Bond ETF in the third quarter valued at approximately $12,404,000. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Up 0.1%

Shares of MUB stock opened at $107.71 on Tuesday. The firm’s 50 day moving average price is $106.97 and its two-hundred day moving average price is $107.20. iShares National Muni Bond ETF has a fifty-two week low of $103.14 and a fifty-two week high of $109.00.

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.