Sutton Place Investors LLC Lowers Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Sutton Place Investors LLC decreased its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 34.8% in the 1st quarter, Holdings Channel reports. The institutional investor owned 3,944 shares of the exchange traded fund’s stock after selling 2,105 shares during the period. Sutton Place Investors LLC’s holdings in iShares National Muni Bond ETF were worth $416,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in shares of iShares National Muni Bond ETF by 20.7% in the 4th quarter. Bank of America Corp DE now owns 30,881,189 shares of the exchange traded fund’s stock valued at $3,290,391,000 after purchasing an additional 5,297,542 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares National Muni Bond ETF by 5.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 20,358,585 shares of the exchange traded fund’s stock valued at $2,169,207,000 after purchasing an additional 1,138,987 shares in the last quarter. Betterment LLC lifted its stake in shares of iShares National Muni Bond ETF by 8.1% in the 4th quarter. Betterment LLC now owns 18,258,259 shares of the exchange traded fund’s stock valued at $1,945,417,000 after purchasing an additional 1,371,663 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of iShares National Muni Bond ETF by 11,651.4% in the 1st quarter. GAMMA Investing LLC now owns 13,444,444 shares of the exchange traded fund’s stock valued at $1,417,582,000 after purchasing an additional 13,330,037 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in shares of iShares National Muni Bond ETF by 17.9% in the 4th quarter. Wells Fargo & Company MN now owns 10,606,146 shares of the exchange traded fund’s stock valued at $1,130,085,000 after purchasing an additional 1,608,092 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Down 0.1%

NYSEARCA MUB opened at $104.27 on Friday. The business’s 50-day simple moving average is $104.05 and its 200-day simple moving average is $105.16. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $108.81.

iShares National Muni Bond ETF Company 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).