Nisa Investment Advisors LLC Buys 19,310 Shares of iShares National Muni Bond ETF $MUB

Nisa Investment Advisors LLC increased its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 19.2% in the 4th quarter, Holdings Channel reports. The fund owned 119,840 shares of the exchange traded fund’s stock after buying an additional 19,310 shares during the quarter. Nisa Investment Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $12,836,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in MUB. Wellington Management Group LLP purchased a new stake in iShares National Muni Bond ETF during the third quarter valued at about $387,198,000. Bank of America Corp DE boosted its holdings in shares of iShares National Muni Bond ETF by 9.9% in the 3rd quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock worth $3,574,913,000 after purchasing an additional 3,026,165 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of iShares National Muni Bond ETF by 20.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock worth $799,905,000 after purchasing an additional 1,261,391 shares in the last quarter. Creative Planning increased its position in shares of 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 purchasing an additional 851,224 shares during the last quarter. Finally, Fisher Asset Management LLC increased its position in shares of iShares National Muni Bond ETF by 9.1% during the 3rd quarter. Fisher Asset Management LLC now owns 9,725,773 shares of the exchange traded fund’s stock valued at $1,035,698,000 after purchasing an additional 810,838 shares during the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA MUB opened at $106.31 on Thursday. The stock’s 50-day moving average is $107.51 and its 200 day moving average is $107.22. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $109.00.

About iShares National Muni Bond ETF

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.