Seven Mile Advisory Makes New Investment in iShares National Muni Bond ETF $MUB

Seven Mile Advisory acquired a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 31,422 shares of the exchange traded fund’s stock, valued at approximately $3,346,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fisher Asset Management LLC raised its position in shares of 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 worth $931,432,000 after acquiring an additional 2,679,139 shares in the last quarter. Laurel Wealth Advisors LLC boosted its position in shares of iShares National Muni Bond ETF by 11,118.5% during 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 purchasing an additional 1,083,502 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of iShares National Muni Bond ETF by 27.8% during the second quarter. Raymond James Financial Inc. now owns 2,228,405 shares of the exchange traded fund’s stock valued at $232,824,000 after purchasing an additional 484,767 shares in the last quarter. Avantax Planning Partners Inc. grew its stake in iShares National Muni Bond ETF by 169.7% in the third quarter. Avantax Planning Partners Inc. now owns 458,812 shares of the exchange traded fund’s stock worth $48,859,000 after purchasing an additional 288,673 shares during the period. Finally, Osaic Holdings Inc. grew its stake in iShares National Muni Bond ETF by 47.3% in the second quarter. Osaic Holdings Inc. now owns 894,488 shares of the exchange traded fund’s stock worth $93,623,000 after purchasing an additional 287,103 shares during the period. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.2%

MUB opened at $106.98 on Friday. The stock has a fifty day simple moving average of $107.83 and a two-hundred day simple moving average of $107.07. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $109.00.

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.