Corient Private Wealth LP reduced its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 51.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 422,533 shares of the exchange traded fund’s stock after selling 442,021 shares during the quarter. Corient Private Wealth LP’s holdings in iShares National Muni Bond ETF were worth $45,473,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE lifted its holdings in iShares National Muni Bond ETF by 12.8% in the first quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock valued at $4,470,365,000 after acquiring an additional 4,763,839 shares during the period. Wellington Management Group LLP purchased a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter worth $387,198,000. Allstate Corp grew its stake in shares of iShares National Muni Bond ETF by 173.3% during the 4th quarter. Allstate Corp now owns 3,016,409 shares of the exchange traded fund’s stock worth $323,088,000 after purchasing an additional 1,912,851 shares during the period. Betterment LLC grew its stake in shares of iShares National Muni Bond ETF by 9.5% during the 4th quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock worth $2,034,042,000 after purchasing an additional 1,646,689 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its stake in shares of iShares National Muni Bond ETF by 13.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 8,549,244 shares of the exchange traded fund’s stock worth $915,710,000 after purchasing an additional 1,037,682 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.
iShares National Muni Bond ETF Trading Up 0.4%
Shares of MUB opened at $103.17 on Friday. iShares National Muni Bond ETF has a 52-week low of $102.65 and a 52-week high of $109.00. The company has a 50-day simple moving average of $105.59 and a 200-day simple moving average of $106.53.
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.
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