Cullen Frost Bankers Inc. Buys 52,239 Shares of iShares National Muni Bond ETF $MUB

Cullen Frost Bankers Inc. grew its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 1,674.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 55,359 shares of the exchange traded fund’s stock after purchasing an additional 52,239 shares during the period. Cullen Frost Bankers Inc.’s holdings in iShares National Muni Bond ETF were worth $5,929,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Covestor Ltd raised its holdings in shares of iShares National Muni Bond ETF by 11.2% in the fourth quarter. Covestor Ltd now owns 4,882 shares of the exchange traded fund’s stock worth $523,000 after buying an additional 490 shares during the period. Forefront Wealth Partners LLC raised its holdings in shares of iShares National Muni Bond ETF by 1.6% in the fourth quarter. Forefront Wealth Partners LLC now owns 9,802 shares of the exchange traded fund’s stock worth $1,050,000 after buying an additional 153 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of iShares National Muni Bond ETF by 1.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,336,158 shares of the exchange traded fund’s stock worth $785,776,000 after buying an additional 78,489 shares during the period. Larson Financial Group LLC raised its holdings in shares of iShares National Muni Bond ETF by 23.4% in the fourth quarter. Larson Financial Group LLC now owns 34,375 shares of the exchange traded fund’s stock worth $3,682,000 after buying an additional 6,529 shares during the period. Finally, Csenge Advisory Group raised its holdings in shares of iShares National Muni Bond ETF by 42.9% in the fourth quarter. Csenge Advisory Group now owns 30,453 shares of the exchange traded fund’s stock worth $3,262,000 after buying an additional 9,137 shares during the period. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Trading Up 0.2%

Shares of NYSEARCA MUB opened at $105.93 on Thursday. The business’s 50 day moving average price is $106.74 and its 200-day moving average price is $107.22. iShares National Muni Bond ETF has a fifty-two week low of $103.14 and a fifty-two week high of $109.00.

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). The Index measures the performance of the investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.