Truist Financial Corp Has $119.93 Million Stock Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Truist Financial Corp raised its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 24.2% in the 4th quarter, HoldingsChannel reports. The firm owned 1,106,233 shares of the exchange traded fund’s stock after buying an additional 215,750 shares during the period. Truist Financial Corp’s holdings in iShares National Muni Bond ETF were worth $119,927,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in MUB. GHP Investment Advisors Inc. bought a new position in shares of iShares National Muni Bond ETF in the third quarter worth $53,000. Patriot Financial Group Insurance Agency LLC increased its position in shares of iShares National Muni Bond ETF by 29.2% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 5,247 shares of the exchange traded fund’s stock worth $538,000 after purchasing an additional 1,186 shares during the period. Clarius Group LLC acquired a new stake in iShares National Muni Bond ETF in the third quarter valued at about $1,280,000. Ropes Wealth Advisors LLC boosted its stake in iShares National Muni Bond ETF by 3.9% in the third quarter. Ropes Wealth Advisors LLC now owns 5,237 shares of the exchange traded fund’s stock valued at $537,000 after buying an additional 195 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC boosted its stake in iShares National Muni Bond ETF by 12.8% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 18,744 shares of the exchange traded fund’s stock valued at $1,922,000 after buying an additional 2,132 shares in the last quarter.

iShares National Muni Bond ETF Stock Performance

NYSEARCA:MUB traded down $0.01 during trading hours on Friday, hitting $106.12. The company’s stock had a trading volume of 3,049,022 shares, compared to its average volume of 3,678,670. The stock has a fifty day simple moving average of $107.30 and a 200-day simple moving average of $106.46. iShares National Muni Bond ETF has a twelve month low of $100.78 and a twelve month high of $108.82.

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).