Kwmg LLC Buys New Shares in iShares National Muni Bond ETF $MUB

Kwmg LLC acquired a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,163 shares of the exchange traded fund’s stock, valued at approximately $825,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE grew its stake in shares of iShares National Muni Bond ETF by 12.8% during the 1st quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock worth $4,470,365,000 after purchasing an additional 4,763,839 shares during the period. Envestnet Asset Management Inc. grew its position in iShares National Muni Bond ETF by 5.3% during the second quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock worth $1,892,488,000 after buying an additional 880,501 shares during the period. Bank of New York Mellon Corp increased its holdings in iShares National Muni Bond ETF by 3.0% in the first quarter. Bank of New York Mellon Corp now owns 7,303,630 shares of the exchange traded fund’s stock valued at $775,280,000 after buying an additional 214,265 shares in the last quarter. TIAA Trust National Association lifted its position in shares of iShares National Muni Bond ETF by 3.7% during the 4th quarter. TIAA Trust National Association now owns 5,733,941 shares of the exchange traded fund’s stock valued at $614,162,000 after acquiring an additional 204,696 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of iShares National Muni Bond ETF by 2.5% during the 4th quarter. JPMorgan Chase & Co. now owns 4,691,873 shares of the exchange traded fund’s stock valued at $502,547,000 after acquiring an additional 115,176 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA:MUB traded down $0.54 during trading on Wednesday, hitting $100.48. 11,016,042 shares of the stock were exchanged, compared to its average volume of 5,300,348. The company has a fifty day moving average price of $104.02 and a two-hundred day moving average price of $105.81. iShares National Muni Bond ETF has a 12-month low of $100.07 and a 12-month high of $109.00.

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.