Cornerstone Wealth Management LLC Raises Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Cornerstone Wealth Management LLC boosted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.5% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 28,936 shares of the exchange traded fund’s stock after buying an additional 984 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in iShares National Muni Bond ETF were worth $3,114,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of MUB. Northwest Investment Counselors LLC purchased a new stake in shares of iShares National Muni Bond ETF in the first quarter valued at $25,000. Ruedi Wealth Management Inc. lifted its holdings in iShares National Muni Bond ETF by 66.4% in the 4th quarter. Ruedi Wealth Management Inc. now owns 253 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 101 shares in the last quarter. Howe & Rusling Inc. acquired a new stake in shares of iShares National Muni Bond ETF during the 4th quarter worth about $28,000. Eagle Bay Advisors LLC purchased a new stake in shares of iShares National Muni Bond ETF during the fourth quarter worth about $28,000. Finally, Bfsg LLC acquired a new position in shares of iShares National Muni Bond ETF in the fourth quarter valued at approximately $30,000.

iShares National Muni Bond ETF Stock Performance

Shares of MUB traded up $0.28 on Thursday, hitting $106.71. 2,812,002 shares of the stock traded hands, compared to its average volume of 3,604,272. iShares National Muni Bond ETF has a 1 year low of $100.78 and a 1 year high of $108.82. The stock’s 50 day moving average is $106.48 and its two-hundred day moving average is $107.27.

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).