Envestnet Asset Management Inc. Buys 872,969 Shares of iShares Long-Term National Muni Bond ETF $LMUB

Envestnet Asset Management Inc. increased its stake in shares of iShares Long-Term National Muni Bond ETF (NYSEARCA:LMUB) by 7.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,886,730 shares of the company’s stock after purchasing an additional 872,969 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.33% of iShares Long-Term National Muni Bond ETF worth $660,058,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. CoreCap Advisors LLC acquired a new stake in iShares Long-Term National Muni Bond ETF in the second quarter valued at approximately $75,000. Indiana Trust & Investment Management Co acquired a new position in shares of iShares Long-Term National Muni Bond ETF during the first quarter worth $87,000. IFP Advisors Inc increased its holdings in shares of iShares Long-Term National Muni Bond ETF by 30.4% during the second quarter. IFP Advisors Inc now owns 2,246 shares of the company’s stock worth $115,000 after buying an additional 524 shares in the last quarter. Merkkuri Wealth Advisors LLC bought a new position in shares of iShares Long-Term National Muni Bond ETF in the 1st quarter valued at $140,000. Finally, Western Wealth Management LLC bought a new position in shares of iShares Long-Term National Muni Bond ETF in the 1st quarter valued at $141,000.

iShares Long-Term National Muni Bond ETF Trading Down 0.7%

Shares of NYSEARCA LMUB traded down $0.35 during mid-day trading on Wednesday, hitting $47.24. 649,207 shares of the stock traded hands, compared to its average volume of 419,124. iShares Long-Term National Muni Bond ETF has a twelve month low of $47.08 and a twelve month high of $53.52. The firm has a 50 day simple moving average of $49.27 and a two-hundred day simple moving average of $50.12.

iShares Long-Term National Muni Bond ETF Profile

The iShares Long-Term National Muni Bond ETF (LMUB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is passively managed to track an index composed of investment-grade US municipal bonds with remaining maturities of 12 years or more. Securities are selected based on credit quality and duration LMUB was launched on Mar 17, 2025 and is issued by BlackRock.