Investment Planning Advisors Inc. Buys 2,657 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Investment Planning Advisors Inc. raised its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 12.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,504 shares of the exchange traded fund’s stock after acquiring an additional 2,657 shares during the period. iShares National Muni Bond ETF comprises approximately 1.1% of Investment Planning Advisors Inc.’s investment portfolio, making the stock its 20th largest holding. Investment Planning Advisors Inc.’s holdings in iShares National Muni Bond ETF were worth $2,611,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of MUB. Hurlow Wealth Management Group Inc. boosted its holdings in iShares National Muni Bond ETF by 0.8% during the third quarter. Hurlow Wealth Management Group Inc. now owns 12,320 shares of the exchange traded fund’s stock worth $1,338,000 after purchasing an additional 95 shares during the last quarter. Redwood Investment Management LLC boosted its stake in shares of iShares National Muni Bond ETF by 0.6% in the 3rd quarter. Redwood Investment Management LLC now owns 17,193 shares of the exchange traded fund’s stock worth $1,908,000 after buying an additional 97 shares during the last quarter. Defined Wealth Management LLC boosted its stake in shares of iShares National Muni Bond ETF by 5.1% in the 4th quarter. Defined Wealth Management LLC now owns 1,992 shares of the exchange traded fund’s stock worth $212,000 after buying an additional 97 shares during the last quarter. SWS Partners grew its holdings in shares of iShares National Muni Bond ETF by 0.4% in the third quarter. SWS Partners now owns 26,718 shares of the exchange traded fund’s stock valued at $2,902,000 after acquiring an additional 101 shares in the last quarter. Finally, Prosperity Planning Inc. increased its position in shares of iShares National Muni Bond ETF by 0.4% during the third quarter. Prosperity Planning Inc. now owns 27,500 shares of the exchange traded fund’s stock valued at $2,987,000 after acquiring an additional 111 shares during the last quarter.

iShares National Muni Bond ETF Price Performance

MUB stock opened at $106.83 on Tuesday. iShares National Muni Bond ETF has a 1-year low of $105.00 and a 1-year high of $108.81. The stock’s fifty day simple moving average is $106.97 and its two-hundred day simple moving average is $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).