Retirement Wealth Solutions LLC Makes New Investment in iShares National Muni Bond ETF (NYSEARCA:MUB)

Retirement Wealth Solutions LLC acquired a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 20,249 shares of the exchange traded fund’s stock, valued at approximately $2,139,000. iShares National Muni Bond ETF comprises approximately 1.8% of Retirement Wealth Solutions LLC’s portfolio, making the stock its 17th largest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. US Bancorp DE lifted its position in iShares National Muni Bond ETF by 37.2% in the 3rd quarter. US Bancorp DE now owns 6,855,514 shares of the exchange traded fund’s stock valued at $744,716,000 after acquiring an additional 1,859,907 shares in the last quarter. Creative Planning lifted its holdings in shares of iShares National Muni Bond ETF by 6.1% during the third quarter. Creative Planning now owns 12,627,580 shares of the exchange traded fund’s stock valued at $1,371,734,000 after purchasing an additional 723,492 shares in the last quarter. Balentine LLC boosted its position in shares of iShares National Muni Bond ETF by 373.8% during the third quarter. Balentine LLC now owns 885,803 shares of the exchange traded fund’s stock valued at $96,225,000 after buying an additional 698,834 shares during the last quarter. LPL Financial LLC increased its holdings in iShares National Muni Bond ETF by 8.4% in the 3rd quarter. LPL Financial LLC now owns 7,582,923 shares of the exchange traded fund’s stock worth $823,733,000 after buying an additional 585,598 shares in the last quarter. Finally, Angeles Wealth Management LLC purchased a new position in iShares National Muni Bond ETF in the 3rd quarter worth about $63,453,000.

iShares National Muni Bond ETF Stock Up 0.2 %

Shares of NYSEARCA MUB opened at $106.23 on Friday. The firm’s 50-day moving average price is $107.06 and its 200-day moving average price is $107.47. iShares National Muni Bond ETF has a 52-week low of $105.00 and a 52-week high of $108.81.

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).