Cornerstone Planning Group LLC Buys New Position in iShares Long-Term National Muni Bond ETF $LMUB

Cornerstone Planning Group LLC bought a new position in shares of iShares Long-Term National Muni Bond ETF (NYSEARCA:LMUB) during the first quarter, HoldingsChannel reports. The institutional investor bought 33,337 shares of the company’s stock, valued at approximately $1,684,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Assetmark Inc. bought a new position in shares of iShares Long-Term National Muni Bond ETF during the 1st quarter valued at about $453,000. Bank of New York Mellon Corp bought a new stake in shares of iShares Long-Term National Muni Bond ETF in the 1st quarter worth approximately $7,393,000. Theory Financial LLC bought a new stake in shares of iShares Long-Term National Muni Bond ETF in the 1st quarter worth approximately $1,886,000. Sanctuary Advisors LLC acquired a new stake in iShares Long-Term National Muni Bond ETF during the first quarter valued at approximately $16,328,000. Finally, Vantage Point Financial LLC acquired a new stake in iShares Long-Term National Muni Bond ETF during the first quarter valued at approximately $572,000.

iShares Long-Term National Muni Bond ETF Stock Performance

Shares of NYSEARCA:LMUB opened at $50.56 on Friday. iShares Long-Term National Muni Bond ETF has a 1-year low of $47.68 and a 1-year high of $53.52. The company has a 50 day moving average price of $50.71 and a 200 day moving average price of $50.63.

iShares Long-Term National Muni Bond ETF Profile

The iShares Long-Term National Muni Bond ETF (LMUB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is passively managed to track an index composed of investment-grade US municipal bonds with remaining maturities of 12 years or more. Securities are selected based on credit quality and duration LMUB was launched on Mar 17, 2025 and is issued by BlackRock.