Exchange Capital Management Inc. Has $953,000 Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Exchange Capital Management Inc. raised its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 101.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,860 shares of the exchange traded fund’s stock after buying an additional 4,470 shares during the quarter. Exchange Capital Management Inc.’s holdings in iShares National Muni Bond ETF were worth $953,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Main Street Financial Solutions LLC raised its position in shares of iShares National Muni Bond ETF by 1.7% during the fourth quarter. Main Street Financial Solutions LLC now owns 5,667 shares of the exchange traded fund’s stock worth $614,000 after acquiring an additional 93 shares during the last quarter. Valley Wealth Managers Inc. raised its position in shares of iShares National Muni Bond ETF by 24.5% during the fourth quarter. Valley Wealth Managers Inc. now owns 482 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 95 shares during the last quarter. Trust Co. of Virginia VA raised its position in shares of iShares National Muni Bond ETF by 1.2% during the first quarter. Trust Co. of Virginia VA now owns 8,591 shares of the exchange traded fund’s stock worth $924,000 after acquiring an additional 100 shares during the last quarter. Ruedi Wealth Management Inc. raised its position in shares of iShares National Muni Bond ETF by 66.4% during the fourth quarter. Ruedi Wealth Management Inc. now owns 253 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 101 shares during the last quarter. Finally, Horizon Family Wealth Inc. raised its position in shares of iShares National Muni Bond ETF by 0.7% during the fourth quarter. Horizon Family Wealth Inc. now owns 14,574 shares of the exchange traded fund’s stock worth $1,580,000 after acquiring an additional 108 shares during the last quarter.

iShares National Muni Bond ETF Stock Up 0.3 %

NYSEARCA MUB opened at $106.43 on Wednesday. The business has a 50 day simple moving average of $106.48 and a 200 day simple moving average of $107.28. iShares National Muni Bond ETF has a one year low of $100.78 and a one year high of $108.82.

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).