Independent Advisor Alliance Has $13.57 Million Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Independent Advisor Alliance boosted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 2,644.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 127,351 shares of the exchange traded fund’s stock after purchasing an additional 122,710 shares during the quarter. Independent Advisor Alliance’s holdings in iShares National Muni Bond ETF were worth $13,569,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of MUB. Allspring Global Investments Holdings LLC raised its stake in iShares National Muni Bond ETF by 719.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 108,460 shares of the exchange traded fund’s stock worth $11,561,000 after acquiring an additional 95,221 shares in the last quarter. Joel Isaacson & Co. LLC raised its stake in iShares National Muni Bond ETF by 14.5% during the fourth quarter. Joel Isaacson & Co. LLC now owns 38,576 shares of the exchange traded fund’s stock worth $4,110,000 after acquiring an additional 4,892 shares in the last quarter. Ameritas Advisory Services LLC raised its stake in iShares National Muni Bond ETF by 158.5% during the fourth quarter. Ameritas Advisory Services LLC now owns 5,319 shares of the exchange traded fund’s stock worth $567,000 after acquiring an additional 3,261 shares in the last quarter. Appleton Partners Inc. MA grew its holdings in shares of iShares National Muni Bond ETF by 352.8% during the fourth quarter. Appleton Partners Inc. MA now owns 18,465 shares of the exchange traded fund’s stock worth $1,967,000 after purchasing an additional 14,387 shares during the last quarter. Finally, Financial Life Advisors grew its holdings in shares of iShares National Muni Bond ETF by 2.1% during the fourth quarter. Financial Life Advisors now owns 51,290 shares of the exchange traded fund’s stock worth $5,465,000 after purchasing an additional 1,065 shares during the last quarter.

iShares National Muni Bond ETF Stock Performance

NYSEARCA:MUB opened at $106.41 on Monday. The stock’s 50-day moving average is $106.58 and its 200-day moving average is $107.30. iShares National Muni Bond ETF has a 1-year low of $105.00 and a 1-year high of $108.81.

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).