Pines Wealth Management LLC Buys New Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Pines Wealth Management LLC purchased a new position 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 SEC. The fund purchased 63,314 shares of the exchange traded fund’s stock, valued at approximately $6,689,000. iShares National Muni Bond ETF makes up approximately 2.9% of Pines Wealth Management LLC’s holdings, making the stock its 7th largest holding.

A number of other institutional investors have also recently made changes to their positions in MUB. Wit LLC lifted its holdings in shares of iShares National Muni Bond ETF by 713.9% during the 3rd quarter. Wit LLC now owns 293 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 257 shares during the last quarter. Legacy Investment Solutions LLC purchased a new stake in iShares National Muni Bond ETF during the third quarter valued at about $34,000. Cordant Inc. bought a new stake in iShares National Muni Bond ETF during the third quarter worth about $56,000. Future Financial Wealth Managment LLC bought a new stake in iShares National Muni Bond ETF during the third quarter worth about $66,000. Finally, Indiana Trust & Investment Management Co boosted its holdings in shares of iShares National Muni Bond ETF by 68.9% in the 3rd quarter. Indiana Trust & Investment Management Co now owns 647 shares of the exchange traded fund’s stock worth $70,000 after purchasing an additional 264 shares in the last quarter.

iShares National Muni Bond ETF Trading Down 0.1 %

Shares of iShares National Muni Bond ETF stock opened at $105.35 on Wednesday. The business’s 50-day moving average price is $107.10 and its 200-day moving average price is $107.49. 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).