Verus Capital Partners LLC boosted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 23.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,539 shares of the exchange traded fund’s stock after purchasing an additional 7,796 shares during the quarter. Verus Capital Partners LLC’s holdings in iShares National Muni Bond ETF were worth $4,200,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE grew its stake 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 buying an additional 4,763,839 shares in the last quarter. Commonwealth Equity Services LLC acquired a new position in shares of iShares National Muni Bond ETF in the 3rd quarter valued at approximately $279,664,000. Park Avenue Securities LLC acquired a new position in shares of iShares National Muni Bond ETF in the 3rd quarter valued at approximately $153,414,000. Signaturefd LLC acquired a new position in shares of iShares National Muni Bond ETF in the 3rd quarter valued at approximately $92,707,000. Finally, Envestnet Asset Management Inc. raised its position in shares of iShares National Muni Bond ETF by 5.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock valued at $1,892,488,000 after buying an additional 880,501 shares in the last quarter. Institutional investors own 90.19% of the company’s stock.
iShares National Muni Bond ETF Stock Up 0.1%
Shares of iShares National Muni Bond ETF stock opened at $104.91 on Friday. The company has a 50 day moving average of $102.78 and a 200-day moving average of $105.87. iShares National Muni Bond ETF has a 1-year low of $100.07 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.
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