iShares National Muni Bond ETF $MUB Shares Bought by Raleigh Capital Management Inc.

Raleigh Capital Management Inc. boosted its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 174.5% during the third quarter, HoldingsChannel reports. The fund owned 9,422 shares of the exchange traded fund’s stock after buying an additional 5,989 shares during the quarter. Raleigh Capital Management Inc.’s holdings in iShares National Muni Bond ETF were worth $953,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MUB. Bank of America Corp DE boosted its position in iShares National Muni Bond ETF by 12.8% during the first quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock worth $4,470,365,000 after purchasing an additional 4,763,839 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of iShares National Muni Bond ETF by 5.3% in the second quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock worth $1,892,488,000 after purchasing an additional 880,501 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of iShares National Muni Bond ETF by 3.0% in the first quarter. Bank of New York Mellon Corp now owns 7,303,630 shares of the exchange traded fund’s stock worth $775,280,000 after purchasing an additional 214,265 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of iShares National Muni Bond ETF by 14.9% in the first quarter. Cetera Investment Advisers now owns 3,210,936 shares of the exchange traded fund’s stock worth $340,841,000 after purchasing an additional 416,372 shares in the last quarter. Finally, Assetmark Inc. raised its position in shares of iShares National Muni Bond ETF by 4.2% in the first quarter. Assetmark Inc. now owns 3,196,889 shares of the exchange traded fund’s stock valued at $339,350,000 after purchasing an additional 129,497 shares during the period. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

Shares of MUB stock opened at $104.18 on Friday. The firm’s 50 day moving average is $102.88 and its 200 day moving average is $105.95. iShares National Muni Bond ETF has a 12 month low of $100.07 and a 12 month high of $109.00.

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). 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.