iShares National Muni Bond ETF $MUB is Martel Wealth Advisors Inc’s 10th Largest Position

Martel Wealth Advisors Inc lifted its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 7.1% during the third quarter, HoldingsChannel.com reports. The fund owned 98,656 shares of the exchange traded fund’s stock after purchasing an additional 6,499 shares during the quarter. iShares National Muni Bond ETF makes up 1.8% of Martel Wealth Advisors Inc’s holdings, making the stock its 10th largest position. Martel Wealth Advisors Inc’s holdings in iShares National Muni Bond ETF were worth $10,506,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Granite Harbor Advisors Inc. increased its holdings in shares of iShares National Muni Bond ETF by 10.1% in the 2nd quarter. Granite Harbor Advisors Inc. now owns 93,593 shares of the exchange traded fund’s stock valued at $9,779,000 after purchasing an additional 8,596 shares in the last quarter. Montecito Bank & Trust purchased a new stake in iShares National Muni Bond ETF during the third quarter worth about $645,000. Advyzon Investment Management LLC grew its position in iShares National Muni Bond ETF by 144.7% during the second quarter. Advyzon Investment Management LLC now owns 35,077 shares of the exchange traded fund’s stock worth $3,665,000 after buying an additional 20,743 shares during the period. Cambridge Financial Group LLC purchased a new position in iShares National Muni Bond ETF in the third quarter valued at about $723,000. Finally, AE Wealth Management LLC lifted its position in shares of iShares National Muni Bond ETF by 2.4% during the 2nd quarter. AE Wealth Management LLC now owns 356,712 shares of the exchange traded fund’s stock valued at $37,269,000 after acquiring an additional 8,289 shares during the period. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA:MUB opened at $106.73 on Tuesday. The business’s 50 day simple moving average is $107.17 and its 200-day simple moving average is $105.57. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $107.72.

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.