SteelPeak Wealth LLC Reduces Position in iShares National Muni Bond ETF $MUB

SteelPeak Wealth LLC lessened its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 20.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,752 shares of the exchange traded fund’s stock after selling 6,726 shares during the quarter. SteelPeak Wealth LLC’s holdings in iShares National Muni Bond ETF were worth $2,840,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Bank of America Corp DE boosted its holdings in iShares National Muni Bond ETF by 11.3% in the 4th quarter. Bank of America Corp DE now owns 37,349,821 shares of the exchange traded fund’s stock worth $4,000,539,000 after buying an additional 3,779,406 shares during the period. Betterment LLC raised its holdings in 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 valued at $2,034,042,000 after acquiring an additional 1,646,689 shares during the period. Creative Planning lifted its position in shares of 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 acquiring an additional 851,224 shares in the last quarter. LPL Financial LLC lifted its position in shares of 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 acquiring an additional 632,378 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its holdings in shares of iShares National Muni Bond ETF by 10.2% in 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 acquiring an additional 988,044 shares during the period. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.0%

Shares of NYSEARCA MUB opened at $106.58 on Friday. iShares National Muni Bond ETF has a fifty-two week low of $103.14 and a fifty-two week high of $109.00. The stock has a fifty day moving average of $106.95 and a 200-day moving average of $107.22.

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.