Sequoia Financial Advisors LLC Purchases 289,407 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Sequoia Financial Advisors LLC grew its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 28.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,312,902 shares of the exchange traded fund’s stock after buying an additional 289,407 shares during the period. iShares National Muni Bond ETF comprises 1.4% of Sequoia Financial Advisors LLC’s portfolio, making the stock its 10th largest position. Sequoia Financial Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $139,890,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Advantage Trust Co bought a new stake in iShares National Muni Bond ETF during the fourth quarter valued at $26,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of iShares National Muni Bond ETF in the 4th quarter valued at about $26,000. New Millennium Group LLC boosted its holdings in shares of iShares National Muni Bond ETF by 103.5% in the 4th quarter. New Millennium Group LLC now owns 291 shares of the exchange traded fund’s stock valued at $31,000 after buying an additional 148 shares during the period. Wit LLC grew its position in shares of iShares National Muni Bond ETF by 713.9% during the 3rd quarter. Wit LLC now owns 293 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 257 shares during the last quarter. Finally, Legacy Investment Solutions LLC acquired a new stake in iShares National Muni Bond ETF during the third quarter worth about $34,000.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA MUB opened at $106.19 on Wednesday. The firm’s 50-day moving average price is $106.57 and its two-hundred day moving average price is $107.27. iShares National Muni Bond ETF has a 52-week low of $105.00 and a 52-week high of $108.81.

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).