iShares National Muni Bond ETF $MUB Stock Position Lifted by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lifted its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 7,336,158 shares of the exchange traded fund’s stock after acquiring an additional 78,489 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares National Muni Bond ETF were worth $785,776,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Advyzon Investment Management LLC lifted its holdings in iShares National Muni Bond ETF by 18.1% in the third quarter. Advyzon Investment Management LLC now owns 41,426 shares of the exchange traded fund’s stock worth $4,411,000 after acquiring an additional 6,349 shares during the last quarter. Aegis Wealth Management Inc. bought a new position in shares of iShares National Muni Bond ETF during the fourth quarter valued at approximately $552,000. BIP Wealth LLC grew its holdings in shares of iShares National Muni Bond ETF by 171.2% during the third quarter. BIP Wealth LLC now owns 71,152 shares of the exchange traded fund’s stock valued at $7,577,000 after purchasing an additional 44,917 shares during the last quarter. Cardinal Point Capital Management ULC raised its position in shares of iShares National Muni Bond ETF by 9.0% during the 3rd quarter. Cardinal Point Capital Management ULC now owns 349,470 shares of the exchange traded fund’s stock worth $37,397,000 after purchasing an additional 28,823 shares during the period. Finally, Confluence Investment Management LLC raised its position in shares of iShares National Muni Bond ETF by 30.9% during the 4th quarter. Confluence Investment Management LLC now owns 29,933 shares of the exchange traded fund’s stock worth $3,206,000 after purchasing an additional 7,072 shares during the period. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA MUB opened at $105.67 on Wednesday. iShares National Muni Bond ETF has a 12-month low of $103.14 and a 12-month high of $109.00. The stock’s 50 day simple moving average is $106.77 and its 200 day simple moving average is $107.23.

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.