Spinnaker Investment Group LLC Grows Position in iShares National Muni Bond ETF $MUB

Spinnaker Investment Group LLC grew its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 83.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,576 shares of the exchange traded fund’s stock after acquiring an additional 5,267 shares during the quarter. Spinnaker Investment Group LLC’s holdings in iShares National Muni Bond ETF were worth $1,233,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MUB. Fisher Asset Management LLC raised its stake in iShares National Muni Bond ETF by 43.0% in the 2nd quarter. Fisher Asset Management LLC now owns 8,914,935 shares of the exchange traded fund’s stock valued at $931,432,000 after purchasing an additional 2,679,139 shares during the last quarter. US Bancorp DE grew its holdings in shares of iShares National Muni Bond ETF by 34.4% during the second quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock worth $767,087,000 after buying an additional 1,877,664 shares in the last quarter. Park Avenue Securities LLC acquired a new position in shares of iShares National Muni Bond ETF in the second quarter valued at approximately $116,279,000. Laurel Wealth Advisors LLC raised its position in shares of iShares National Muni Bond ETF by 11,118.5% in the second quarter. Laurel Wealth Advisors LLC now owns 1,093,247 shares of the exchange traded fund’s stock valued at $114,222,000 after buying an additional 1,083,502 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of iShares National Muni Bond ETF by 4.6% during the second quarter. Envestnet Asset Management Inc. now owns 20,357,173 shares of the exchange traded fund’s stock valued at $2,126,917,000 after buying an additional 890,804 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $106.71 on Friday. iShares National Muni Bond ETF has a 1 year low of $100.29 and a 1 year high of $107.72. The firm’s 50 day moving average price is $107.18 and its 200 day moving average price is $105.54.

About iShares National Muni Bond ETF

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.