Precedent Wealth Partners LLC Has $5.56 Million Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

Precedent Wealth Partners LLC boosted its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52,188 shares of the exchange traded fund’s stock after acquiring an additional 572 shares during the period. iShares National Muni Bond ETF accounts for about 1.8% of Precedent Wealth Partners LLC’s portfolio, making the stock its 11th biggest position. Precedent Wealth Partners LLC’s holdings in iShares National Muni Bond ETF were worth $5,561,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MUB. Wit LLC increased its position in shares of iShares National Muni Bond ETF by 713.9% in the third quarter. Wit LLC now owns 293 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 257 shares during the period. Legacy Investment Solutions LLC acquired a new stake in iShares National Muni Bond ETF during the third quarter worth about $34,000. Contravisory Investment Management Inc. increased its holdings in iShares National Muni Bond ETF by 10,575.0% in the 4th quarter. Contravisory Investment Management Inc. now owns 427 shares of the exchange traded fund’s stock valued at $45,000 after buying an additional 423 shares during the period. Sound Income Strategies LLC raised its position in shares of iShares National Muni Bond ETF by 124.3% in the 4th quarter. Sound Income Strategies LLC now owns 507 shares of the exchange traded fund’s stock valued at $54,000 after buying an additional 281 shares in the last quarter. Finally, Pflug Koory LLC lifted its holdings in shares of iShares National Muni Bond ETF by 274.5% during the 4th quarter. Pflug Koory LLC now owns 513 shares of the exchange traded fund’s stock worth $55,000 after acquiring an additional 376 shares during the period.

iShares National Muni Bond ETF Trading Up 0.3 %

NYSEARCA MUB opened at $106.29 on Friday. iShares National Muni Bond ETF has a 1 year low of $105.00 and a 1 year high of $108.81. The firm’s 50 day simple moving average is $106.97 and its 200 day simple moving average is $107.45.

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).