NewEdge Advisors LLC Purchases 27,252 Shares of iShares National Muni Bond ETF $MUB

NewEdge Advisors LLC grew its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 12.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 245,557 shares of the exchange traded fund’s stock after buying an additional 27,252 shares during the quarter. NewEdge Advisors LLC owned 0.06% of iShares National Muni Bond ETF worth $26,427,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in MUB. Karpus Management Inc. bought a new position in iShares National Muni Bond ETF in the fourth quarter valued at approximately $25,000. IMG Wealth Management Inc. lifted its stake in iShares National Muni Bond ETF by 79.9% during the first quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 107 shares during the last quarter. Turning Point Benefit Group Inc. bought a new stake in iShares National Muni Bond ETF during the third quarter worth $26,000. MBM Wealth Consultants LLC acquired a new stake in shares of iShares National Muni Bond ETF in the 1st quarter valued at $26,000. Finally, Asset Dedication LLC boosted its holdings in shares of iShares National Muni Bond ETF by 9,833.3% in the 1st quarter. Asset Dedication LLC now owns 298 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 295 shares in the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.5%

Shares of MUB opened at $103.48 on Thursday. iShares National Muni Bond ETF has a 52-week low of $103.44 and a 52-week high of $109.00. The business’s fifty day moving average is $105.78 and its 200-day moving average is $106.60.

iShares National Muni Bond ETF Company 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.