AMI Investment Management Inc. Invests $414,000 in iShares National Muni Bond ETF (NYSEARCA:MUB)

AMI Investment Management Inc. acquired a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 3,813 shares of the exchange traded fund’s stock, valued at approximately $414,000.

A number of other large investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its stake in shares of iShares National Muni Bond ETF by 8.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 18,518,502 shares of the exchange traded fund’s stock worth $1,973,146,000 after acquiring an additional 1,512,868 shares in the last quarter. Creative Planning grew its holdings in iShares National Muni Bond ETF by 0.3% in the second quarter. Creative Planning now owns 11,904,088 shares of the exchange traded fund’s stock worth $1,268,381,000 after purchasing an additional 36,271 shares during the last quarter. US Bancorp DE increased its position in shares of iShares National Muni Bond ETF by 2.6% during the first quarter. US Bancorp DE now owns 7,264,339 shares of the exchange traded fund’s stock worth $781,644,000 after purchasing an additional 186,369 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of iShares National Muni Bond ETF by 9.1% during the 2nd quarter. LPL Financial LLC now owns 6,997,325 shares of the exchange traded fund’s stock valued at $745,565,000 after purchasing an additional 582,636 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its position in shares of iShares National Muni Bond ETF by 16.6% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 6,085,414 shares of the exchange traded fund’s stock worth $647,263,000 after purchasing an additional 864,732 shares in the last quarter.

iShares National Muni Bond ETF Stock Performance

Shares of MUB traded down $0.46 during mid-day trading on Friday, hitting $108.02. 2,956,638 shares of the company traded hands, compared to its average volume of 3,365,156. The business has a 50 day moving average of $108.07 and a 200 day moving average of $107.20. iShares National Muni Bond ETF has a 1-year low of $100.78 and a 1-year high of $108.82.

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).