Optimum Investment Advisors Raises Stock Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Optimum Investment Advisors raised its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 48.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 10,246 shares of the exchange traded fund’s stock after purchasing an additional 3,366 shares during the period. Optimum Investment Advisors’ holdings in iShares National Muni Bond ETF were worth $1,169,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Comprehensive Portfolio Management LLC raised its stake in shares of iShares National Muni Bond ETF by 0.7% during the third quarter. Comprehensive Portfolio Management LLC now owns 33,075 shares of the exchange traded fund’s stock worth $3,774,000 after purchasing an additional 236 shares during the last quarter. Capital Investment Advisory Services LLC raised its stake in shares of iShares National Muni Bond ETF by 5.6% during the third quarter. Capital Investment Advisory Services LLC now owns 11,069 shares of the exchange traded fund’s stock worth $1,263,000 after purchasing an additional 586 shares during the last quarter. Meeder Asset Management Inc. purchased a new stake in shares of iShares National Muni Bond ETF during the third quarter worth approximately $126,000. Leonard Rickey Investment Advisors P.L.L.C. raised its stake in shares of iShares National Muni Bond ETF by 1.0% during the third quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 44,975 shares of the exchange traded fund’s stock worth $5,132,000 after purchasing an additional 449 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its stake in shares of iShares National Muni Bond ETF by 10.5% during the third quarter. Wealthcare Advisory Partners LLC now owns 248,559 shares of the exchange traded fund’s stock worth $28,361,000 after purchasing an additional 23,620 shares during the last quarter.

Shares of iShares National Muni Bond ETF stock traded up $0.01 during trading hours on Friday, hitting $113.96. 4,238 shares of the company were exchanged, compared to its average volume of 856,733. iShares National Muni Bond ETF has a 1 year low of $106.42 and a 1 year high of $115.42. The business has a 50-day moving average of $114.28 and a 200-day moving average of $113.13.

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).

Featured Article: What impact do institutional investors have on markets?

Want to see what other hedge funds are holding MUB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares National Muni Bond ETF (NYSEARCA:MUB).

Institutional Ownership by Quarter for iShares National Muni Bond ETF (NYSEARCA:MUB)

Receive News & Ratings for iShares National Muni Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares National Muni Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.