TIAA Trust National Association Buys 204,696 Shares of iShares National Muni Bond ETF $MUB

TIAA Trust National Association raised its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,733,941 shares of the exchange traded fund’s stock after acquiring an additional 204,696 shares during the period. iShares National Muni Bond ETF comprises about 1.5% of TIAA Trust National Association’s investment portfolio, making the stock its 16th largest position. TIAA Trust National Association’s holdings in iShares National Muni Bond ETF were worth $614,162,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Bank of America Corp DE grew its position 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 valued at $3,574,913,000 after buying an additional 3,026,165 shares during the last quarter. Creative Planning raised its stake in iShares National Muni Bond ETF by 6.9% during the third quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock worth $1,404,732,000 after buying an additional 851,224 shares during the last quarter. LPL Financial LLC raised its stake in 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 worth $1,188,847,000 after buying an additional 632,378 shares during the last quarter. Fisher Asset Management LLC raised its stake in iShares National Muni Bond ETF by 10.2% during 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 buying an additional 988,044 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in iShares National Muni Bond ETF by 4.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 8,431,113 shares of the exchange traded fund’s stock worth $903,056,000 after buying an additional 328,494 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 $106.94 on Tuesday. iShares National Muni Bond ETF has a twelve month low of $103.14 and a twelve month high of $109.00. The firm has a fifty day simple moving average of $106.77 and a 200 day simple moving average of $107.18.

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.