Confluence Wealth Services Inc. Purchases 62,938 Shares of iShares National Muni Bond ETF $MUB

Confluence Wealth Services Inc. grew its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 55.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 176,206 shares of the exchange traded fund’s stock after purchasing an additional 62,938 shares during the period. Confluence Wealth Services Inc.’s holdings in iShares National Muni Bond ETF were worth $17,814,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. IMG Wealth Management Inc. increased its holdings in iShares National Muni Bond ETF by 79.9% in the first quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 107 shares in the last quarter. Asset Dedication LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter worth approximately $30,000. Next Level Wealth Planning LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter worth approximately $34,000. Security National Bank of SO Dak purchased a new stake in shares of iShares National Muni Bond ETF during the 2nd quarter worth approximately $37,000. Finally, First Bancorp Inc ME acquired a new stake in shares of iShares National Muni Bond ETF in the 2nd quarter worth approximately $38,000. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Down 0.4%

NYSEARCA MUB opened at $104.54 on Wednesday. iShares National Muni Bond ETF has a 1-year low of $100.07 and a 1-year high of $109.00. The business has a 50 day moving average price of $102.76 and a 200 day moving average price of $105.85.

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.