Meridian Wealth Partners LLC Has $18.52 Million Stock Position in iShares National Muni Bond ETF $MUB

Meridian Wealth Partners LLC trimmed its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 13.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 172,905 shares of the exchange traded fund’s stock after selling 27,190 shares during the period. iShares National Muni Bond ETF comprises about 2.6% of Meridian Wealth Partners LLC’s investment portfolio, making the stock its 14th largest position. Meridian Wealth Partners LLC’s holdings in iShares National Muni Bond ETF were worth $18,520,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently modified their holdings of the company. Wellington Management Group LLP acquired a new stake in iShares National Muni Bond ETF during the 3rd quarter valued at $387,198,000. Bank of America Corp DE increased its position in iShares National Muni Bond ETF by 9.9% in the third quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock worth $3,574,913,000 after purchasing an additional 3,026,165 shares during the period. Allstate Corp increased its position in iShares National Muni Bond ETF by 173.3% in the fourth quarter. Allstate Corp now owns 3,016,409 shares of the exchange traded fund’s stock worth $323,088,000 after purchasing an additional 1,912,851 shares during the period. Betterment LLC increased its position in iShares National Muni Bond ETF by 9.5% in the fourth quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock worth $2,034,042,000 after purchasing an additional 1,646,689 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its position in iShares National Muni Bond ETF by 20.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock worth $799,905,000 after purchasing an additional 1,261,391 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

iShares National Muni Bond ETF stock opened at $107.05 on Friday. iShares National Muni Bond ETF has a 1 year low of $103.14 and a 1 year high of $109.00. The business has a 50-day moving average of $106.84 and a 200-day moving average of $107.17.

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). 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.