Cahaba Wealth Management Inc. Purchases 93,501 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Cahaba Wealth Management Inc. grew its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 42.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 315,713 shares of the exchange traded fund’s stock after purchasing an additional 93,501 shares during the period. iShares National Muni Bond ETF accounts for about 2.8% of Cahaba Wealth Management Inc.’s investment portfolio, making the stock its 8th largest position. Cahaba Wealth Management Inc. owned about 0.09% of iShares National Muni Bond ETF worth $34,296,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of MUB. Envestnet Asset Management Inc. boosted its position in shares of iShares National Muni Bond ETF by 8.9% in the second 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 during the last quarter. Mercer Global Advisors Inc. ADV boosted its position in shares of iShares National Muni Bond ETF by 16.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 6,085,414 shares of the exchange traded fund’s stock worth $647,263,000 after acquiring an additional 864,732 shares during the last quarter. TIAA Trust National Association boosted its position in shares of iShares National Muni Bond ETF by 19.6% in the second quarter. TIAA Trust National Association now owns 5,104,102 shares of the exchange traded fund’s stock worth $543,844,000 after acquiring an additional 834,982 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of iShares National Muni Bond ETF by 125.7% in the first quarter. Cetera Investment Advisers now owns 1,494,691 shares of the exchange traded fund’s stock worth $160,829,000 after acquiring an additional 832,342 shares during the last quarter. Finally, Creative Planning boosted its position in shares of iShares National Muni Bond ETF by 6.1% in the third quarter. Creative Planning now owns 12,627,580 shares of the exchange traded fund’s stock worth $1,371,734,000 after acquiring an additional 723,492 shares during the last quarter.

iShares National Muni Bond ETF Price Performance

Shares of MUB traded up $0.05 during mid-day trading on Friday, hitting $107.91. The company had a trading volume of 1,333,057 shares, compared to its average volume of 3,348,030. The business’s 50-day simple moving average is $108.11 and its 200-day simple moving average is $107.22. iShares National Muni Bond ETF has a 1-year low of $100.78 and a 1-year high of $108.82.

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).