First Citizens Bank & Trust Co. Reduces Stock Holdings in iShares National Muni Bond ETF $MUB

First Citizens Bank & Trust Co. trimmed its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 7.0% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 204,025 shares of the exchange traded fund’s stock after selling 15,256 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in iShares National Muni Bond ETF were worth $21,657,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE raised its holdings in iShares National Muni Bond ETF by 11.3% during the fourth quarter. Bank of America Corp DE now owns 37,349,821 shares of the exchange traded fund’s stock valued at $4,000,539,000 after acquiring an additional 3,779,406 shares during the period. Betterment LLC increased its holdings in shares of iShares National Muni Bond ETF by 9.5% in the 4th quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock worth $2,034,042,000 after buying an additional 1,646,689 shares during the last quarter. Creative Planning raised its holdings in iShares National Muni Bond ETF by 6.9% during the 3rd quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock valued at $1,404,732,000 after buying an additional 851,224 shares during the period. LPL Financial LLC grew its stake in shares of iShares National Muni Bond ETF by 6.0% during the fourth quarter. LPL Financial LLC now owns 11,099,309 shares of the exchange traded fund’s stock valued at $1,188,847,000 after buying an additional 632,378 shares during the last quarter. Finally, Fisher Asset Management LLC grew its holdings in shares of iShares National Muni Bond ETF by 10.2% in the fourth quarter. Fisher Asset Management LLC now owns 10,713,817 shares of the exchange traded fund’s stock worth $1,147,557,000 after purchasing an additional 988,044 shares during the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Down 0.2%

iShares National Muni Bond ETF stock opened at $106.17 on Wednesday. iShares National Muni Bond ETF has a fifty-two week low of $103.34 and a fifty-two week high of $109.00. The company has a 50 day moving average price of $106.93 and a 200-day moving average price of $107.21.

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.