Sovran Advisors LLC Makes New Investment in iShares National Muni Bond ETF (NYSEARCA:MUB)

Sovran Advisors LLC acquired a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 37,496 shares of the exchange traded fund’s stock, valued at approximately $3,950,000.

A number of other institutional investors and hedge funds have also made changes to their positions in MUB. New Millennium Group LLC grew its stake 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 worth $31,000 after buying an additional 148 shares in the last quarter. Wit LLC grew its stake in shares of iShares National Muni Bond ETF by 713.9% in the 3rd quarter. Wit LLC now owns 293 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 257 shares in the last quarter. Legacy Investment Solutions LLC bought a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter worth about $34,000. Contravisory Investment Management Inc. lifted its holdings in shares of iShares National Muni Bond ETF by 10,575.0% in the 4th quarter. Contravisory Investment Management Inc. now owns 427 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 423 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its holdings in shares of iShares National Muni Bond ETF by 124.3% in the 4th quarter. Sound Income Strategies LLC now owns 507 shares of the exchange traded fund’s stock worth $54,000 after acquiring an additional 281 shares during the last quarter.

iShares National Muni Bond ETF Stock Performance

iShares National Muni Bond ETF stock opened at $106.72 on Tuesday. The firm has a 50-day moving average price of $106.73 and a 200-day moving average price of $107.42. 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).