Modern Wealth Management LLC Invests $835,000 in iShares Long-Term National Muni Bond ETF $LMUB

Modern Wealth Management LLC bought a new position in shares of iShares Long-Term National Muni Bond ETF (NYSEARCA:LMUB) during the first quarter, Holdings Channel.com reports. The fund bought 16,643 shares of the company’s stock, valued at approximately $835,000.

Other hedge funds have also recently made changes to their positions in the company. Cetera Investment Advisers purchased a new position in shares of iShares Long-Term National Muni Bond ETF during the first quarter valued at approximately $56,465,000. Sanctuary Advisors LLC bought a new position in shares of iShares Long-Term National Muni Bond ETF during the 1st quarter valued at approximately $16,328,000. Detalus Advisors LLC bought a new position in shares of iShares Long-Term National Muni Bond ETF during the 1st quarter valued at approximately $8,336,000. Bank of New York Mellon Corp purchased a new stake in shares of iShares Long-Term National Muni Bond ETF during the 1st quarter worth approximately $7,393,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of iShares Long-Term National Muni Bond ETF during the 1st quarter worth approximately $4,092,000.

iShares Long-Term National Muni Bond ETF Price Performance

NYSEARCA:LMUB opened at $49.58 on Monday. The firm’s 50 day moving average is $50.67 and its 200 day moving average is $50.62. iShares Long-Term National Muni Bond ETF has a 12 month low of $47.68 and a 12 month high of $53.52.

iShares Long-Term National Muni Bond ETF Company Profile

The iShares Long-Term National Muni Bond ETF (LMUB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is passively managed to track an index composed of investment-grade US municipal bonds with remaining maturities of 12 years or more. Securities are selected based on credit quality and duration LMUB was launched on Mar 17, 2025 and is issued by BlackRock.