Stonebrook Private Inc. Invests $1.01 Million in iShares National Muni Bond ETF (NYSEARCA:MUB)

Stonebrook Private Inc. purchased a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 9,337 shares of the exchange traded fund’s stock, valued at approximately $1,012,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. FMR LLC raised its stake in shares of iShares National Muni Bond ETF by 1.3% during the 3rd quarter. FMR LLC now owns 24,479,229 shares of the exchange traded fund’s stock worth $2,510,100,000 after buying an additional 315,999 shares during the last quarter. TIAA Trust National Association purchased a new position in iShares National Muni Bond ETF in the 3rd quarter valued at about $1,271,354,000. Creative Planning lifted its holdings in iShares National Muni Bond ETF by 5.3% in the 3rd quarter. Creative Planning now owns 11,686,881 shares of the exchange traded fund’s stock valued at $1,198,373,000 after purchasing an additional 585,104 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in iShares National Muni Bond ETF by 2.0% in the 3rd quarter. Bank of New York Mellon Corp now owns 10,354,933 shares of the exchange traded fund’s stock valued at $1,061,795,000 after purchasing an additional 202,820 shares in the last quarter. Finally, Betterment LLC lifted its holdings in iShares National Muni Bond ETF by 4.2% in the 3rd quarter. Betterment LLC now owns 10,261,126 shares of the exchange traded fund’s stock valued at $1,052,176,000 after purchasing an additional 416,186 shares in the last quarter.

iShares National Muni Bond ETF Price Performance

NYSEARCA:MUB traded down $0.01 on Friday, reaching $106.12. The stock had a trading volume of 3,049,022 shares, compared to its average volume of 3,678,670. The firm’s fifty day moving average is $107.30 and its two-hundred day moving average is $106.49. iShares National Muni Bond ETF has a 12-month low of $100.78 and a 12-month high of $108.82.

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).