Navalign LLC Acquires New Shares in iShares National Muni Bond ETF (NYSEARCA:MUB)

Navalign LLC bought a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the fourth quarter, HoldingsChannel.com reports. The firm bought 6,534 shares of the exchange traded fund’s stock, valued at approximately $708,000.

Several other large investors also recently bought and sold shares of the company. TIAA Trust National Association acquired a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter worth about $1,271,354,000. Moneta Group Investment Advisors LLC raised its stake in iShares National Muni Bond ETF by 132,338.1% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 10,393,745 shares of the exchange traded fund’s stock worth $1,096,748,000 after purchasing an additional 10,385,897 shares during the period. Wealthfront Advisers LLC boosted its holdings in shares of iShares National Muni Bond ETF by 719.6% in the 3rd quarter. Wealthfront Advisers LLC now owns 8,621,111 shares of the exchange traded fund’s stock valued at $884,009,000 after purchasing an additional 7,569,304 shares during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter valued at $577,800,000. Finally, Charles Schwab Investment Advisory Inc. increased its holdings in shares of iShares National Muni Bond ETF by 79.6% during the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 9,555,324 shares of the exchange traded fund’s stock worth $979,803,000 after buying an additional 4,234,737 shares during the last quarter.

iShares National Muni Bond ETF Price Performance

iShares National Muni Bond ETF stock traded down $0.09 during midday trading on Thursday, reaching $107.60. The stock had a trading volume of 1,945,577 shares, compared to its average volume of 3,573,029. iShares National Muni Bond ETF has a twelve month low of $100.78 and a twelve month high of $108.82. The stock’s 50-day simple moving average is $107.83 and its 200 day simple moving average is $106.01.

iShares National Muni Bond ETF 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).