Parsons Capital Management Inc. RI Buys Shares of 2,772 iShares National Muni Bond ETF (NYSEARCA:MUB)

Parsons Capital Management Inc. RI bought a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,772 shares of the exchange traded fund’s stock, valued at approximately $295,000.

Several other institutional investors also recently modified their holdings of the stock. US Bancorp DE lifted its holdings in shares of iShares National Muni Bond ETF by 37.2% during the third quarter. US Bancorp DE now owns 6,855,514 shares of the exchange traded fund’s stock worth $744,716,000 after purchasing an additional 1,859,907 shares during the period. Creative Planning lifted its holdings in iShares National Muni Bond ETF by 6.1% during the 3rd quarter. Creative Planning now owns 12,627,580 shares of the exchange traded fund’s stock worth $1,371,734,000 after buying an additional 723,492 shares during the period. Balentine LLC grew its position in shares of iShares National Muni Bond ETF by 373.8% in the 3rd quarter. Balentine LLC now owns 885,803 shares of the exchange traded fund’s stock valued at $96,225,000 after buying an additional 698,834 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares National Muni Bond ETF by 8.4% in the third quarter. LPL Financial LLC now owns 7,582,923 shares of the exchange traded fund’s stock valued at $823,733,000 after buying an additional 585,598 shares during the period. Finally, Angeles Wealth Management LLC acquired a new position in shares of iShares National Muni Bond ETF in the third quarter worth approximately $63,453,000.

iShares National Muni Bond ETF Price Performance

NYSEARCA:MUB opened at $106.68 on Wednesday. iShares National Muni Bond ETF has a fifty-two week low of $105.00 and a fifty-two week high of $108.81. The company has a 50 day simple moving average of $106.95 and a two-hundred day simple moving average of $107.45.

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).