Retirement Wealth Solutions LLC Makes New Investment in iShares National Muni Bond ETF (NYSEARCA:MUB)

Retirement Wealth Solutions LLC acquired a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 20,249 shares of the exchange traded fund’s stock, valued at approximately $2,139,000. iShares National Muni Bond ETF accounts for about 1.8% of Retirement Wealth Solutions LLC’s portfolio, making the stock its 17th largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of MUB. Creative Planning grew its holdings 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 valued at $1,371,734,000 after acquiring an additional 723,492 shares in the last quarter. Principal Financial Group Inc. bought a new position in iShares National Muni Bond ETF in the 3rd quarter valued at $263,000. Cliftonlarsonallen Wealth Advisors LLC increased its position in shares of iShares National Muni Bond ETF by 1.5% during the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,124,699 shares of the exchange traded fund’s stock valued at $119,837,000 after purchasing an additional 16,633 shares during the last quarter. Dentgroup LLC raised its stake in shares of iShares National Muni Bond ETF by 23.9% during the 3rd quarter. Dentgroup LLC now owns 3,159 shares of the exchange traded fund’s stock worth $343,000 after purchasing an additional 609 shares during the period. Finally, CX Institutional boosted its holdings in shares of iShares National Muni Bond ETF by 3.0% in the 3rd quarter. CX Institutional now owns 182,526 shares of the exchange traded fund’s stock worth $19,828,000 after buying an additional 5,367 shares during the last quarter.

iShares National Muni Bond ETF Stock Up 0.2 %

NYSEARCA:MUB opened at $106.23 on Friday. The firm’s 50 day moving average is $107.06 and its 200 day moving average is $107.47. iShares National Muni Bond ETF has a 12 month low of $105.00 and a 12 month 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).