LPL Financial LLC Purchases 2,053,687 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

LPL Financial LLC lifted its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 27.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 9,636,610 shares of the exchange traded fund’s stock after acquiring an additional 2,053,687 shares during the quarter. LPL Financial LLC’s holdings in iShares National Muni Bond ETF were worth $1,026,781,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Umpqua Bank grew its position in shares of iShares National Muni Bond ETF by 22.0% during the 4th quarter. Umpqua Bank now owns 18,269 shares of the exchange traded fund’s stock worth $1,925,000 after buying an additional 3,300 shares in the last quarter. Sei Investments Co. lifted its stake in shares of iShares National Muni Bond ETF by 14.3% during the 4th quarter. Sei Investments Co. now owns 5,523,128 shares of the exchange traded fund’s stock worth $588,490,000 after purchasing an additional 692,406 shares during the last quarter. Wayfinding Financial LLC lifted its stake in shares of iShares National Muni Bond ETF by 11.9% during the 4th quarter. Wayfinding Financial LLC now owns 23,214 shares of the exchange traded fund’s stock worth $2,473,000 after purchasing an additional 2,476 shares during the last quarter. TD Private Client Wealth LLC lifted its stake in shares of iShares National Muni Bond ETF by 8.8% during the 4th quarter. TD Private Client Wealth LLC now owns 46,023 shares of the exchange traded fund’s stock worth $4,904,000 after purchasing an additional 3,709 shares during the last quarter. Finally, One Charles Private Wealth Services LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter worth $272,000.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $105.83 on Friday. iShares National Muni Bond ETF has a 1-year low of $105.00 and a 1-year high of $108.81. The business has a fifty day moving average price of $106.50 and a 200 day moving average price of $107.17.

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).