Independent Wealth Network Inc. Invests $211,000 in iShares National Muni Bond ETF (NYSEARCA:MUB)

Independent Wealth Network Inc. purchased a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,977 shares of the exchange traded fund’s stock, valued at approximately $211,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Creative Planning increased its stake in shares of iShares National Muni Bond ETF by 6.1% in the 3rd quarter. Creative Planning now owns 12,627,580 shares of the exchange traded fund’s stock valued at $1,371,734,000 after purchasing an additional 723,492 shares during the last quarter. JPMorgan Chase & Co. grew its position in iShares National Muni Bond ETF by 3.0% in the third quarter. JPMorgan Chase & Co. now owns 9,698,212 shares of the exchange traded fund’s stock valued at $1,053,517,000 after acquiring an additional 286,468 shares during the last quarter. LPL Financial LLC raised its stake in iShares National Muni Bond ETF by 8.4% during the third quarter. LPL Financial LLC now owns 7,582,923 shares of the exchange traded fund’s stock worth $823,733,000 after acquiring an additional 585,598 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares National Muni Bond ETF by 0.9% in the third quarter. PNC Financial Services Group Inc. now owns 7,366,762 shares of the exchange traded fund’s stock worth $800,251,000 after acquiring an additional 66,958 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in shares of iShares National Muni Bond ETF by 37.2% in the third quarter. US Bancorp DE now owns 6,855,514 shares of the exchange traded fund’s stock worth $744,716,000 after acquiring an additional 1,859,907 shares during the last quarter.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA:MUB opened at $106.02 on Friday. iShares National Muni Bond ETF has a one year low of $105.00 and a one year high of $108.81. The firm has a 50 day simple moving average of $107.01 and a 200 day simple moving average of $107.46.

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).