Parsons Capital Management Inc. RI Buys New Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Parsons Capital Management Inc. RI bought a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 2,772 shares of the exchange traded fund’s stock, valued at approximately $295,000.

Several other institutional investors have also recently added to or reduced their stakes in MUB. Hurlow Wealth Management Group Inc. grew its stake in shares of iShares National Muni Bond ETF by 0.8% in the 3rd quarter. Hurlow Wealth Management Group Inc. now owns 12,320 shares of the exchange traded fund’s stock valued at $1,338,000 after buying an additional 95 shares during the period. Redwood Investment Management LLC boosted its holdings in iShares National Muni Bond ETF by 0.6% in the third quarter. Redwood Investment Management LLC now owns 17,193 shares of the exchange traded fund’s stock worth $1,908,000 after acquiring an additional 97 shares in the last quarter. Defined Wealth Management LLC grew its stake in iShares National Muni Bond ETF by 5.1% in the fourth quarter. Defined Wealth Management LLC now owns 1,992 shares of the exchange traded fund’s stock valued at $212,000 after acquiring an additional 97 shares during the period. SWS Partners increased its holdings in shares of iShares National Muni Bond ETF by 0.4% during the third quarter. SWS Partners now owns 26,718 shares of the exchange traded fund’s stock valued at $2,902,000 after acquiring an additional 101 shares in the last quarter. Finally, Prosperity Planning Inc. raised its position in shares of iShares National Muni Bond ETF by 0.4% during the third quarter. Prosperity Planning Inc. now owns 27,500 shares of the exchange traded fund’s stock worth $2,987,000 after purchasing an additional 111 shares during the period.

iShares National Muni Bond ETF Trading Down 0.1 %

Shares of MUB opened at $106.68 on Wednesday. The business’s fifty day moving average is $106.95 and its 200 day moving average is $107.45. iShares National Muni Bond ETF has a 12-month low of $105.00 and a 12-month high of $108.81.

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).