iShares National Muni Bond ETF $MUB Stock: Northern Lights Advisors Inc. Raises Position

Northern Lights Advisors Inc. raised its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 65.4% in the third quarter, Holdings Channel reports. The firm owned 16,806 shares of the exchange traded fund’s stock after buying an additional 6,648 shares during the period. iShares National Muni Bond ETF accounts for 0.9% of Northern Lights Advisors Inc.’s investment portfolio, making the stock its 28th largest holding. Northern Lights Advisors Inc.’s holdings in iShares National Muni Bond ETF were worth $1,699,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in MUB. Checchi Capital Advisers LLC boosted its stake in shares of iShares National Muni Bond ETF by 21.5% during the 1st quarter. Checchi Capital Advisers LLC now owns 47,229 shares of the exchange traded fund’s stock worth $5,013,000 after acquiring an additional 8,356 shares in the last quarter. Sterling Investment Advisors Ltd. increased its holdings in shares of iShares National Muni Bond ETF by 23.3% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 62,389 shares of the exchange traded fund’s stock valued at $6,714,000 after acquiring an additional 11,800 shares during the last quarter. CX Institutional increased its holdings in shares of iShares National Muni Bond ETF by 6.9% during the 3rd quarter. CX Institutional now owns 253,468 shares of the exchange traded fund’s stock valued at $25,626,000 after acquiring an additional 16,427 shares during the last quarter. First Heartland Consultants Inc. bought a new position in shares of iShares National Muni Bond ETF in the 3rd quarter valued at approximately $2,296,000. Finally, Vicus Capital raised its stake in shares of iShares National Muni Bond ETF by 4.1% in the 1st quarter. Vicus Capital now owns 183,680 shares of the exchange traded fund’s stock valued at $19,498,000 after acquiring an additional 7,189 shares in the last quarter. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Price Performance

Shares of MUB stock opened at $103.24 on Friday. The stock’s 50 day simple moving average is $103.06 and its 200 day simple moving average is $105.45. iShares National Muni Bond ETF has a twelve month low of $100.07 and a twelve month high of $109.00.

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.