Wells Fargo & Company MN Has $1.06 Billion Stock Holdings in iShares National Muni Bond ETF $MUB

Wells Fargo & Company MN cut its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 0.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,936,446 shares of the exchange traded fund’s stock after selling 51,034 shares during the quarter. Wells Fargo & Company MN owned about 2.52% of iShares National Muni Bond ETF worth $1,064,293,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its stake in iShares National Muni Bond ETF by 9.9% in the third 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 acquiring an additional 3,026,165 shares during the last quarter. Betterment LLC lifted its stake in iShares National Muni Bond ETF by 9.5% in the fourth 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 last quarter. Creative Planning lifted its stake in iShares National Muni Bond ETF by 6.9% in the third quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock valued at $1,404,732,000 after acquiring an additional 851,224 shares during the last quarter. LPL Financial LLC lifted its stake in iShares National Muni Bond ETF by 6.0% in the fourth quarter. LPL Financial LLC now owns 11,099,309 shares of the exchange traded fund’s stock valued at $1,188,847,000 after acquiring an additional 632,378 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its stake in 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 valued at $1,147,557,000 after acquiring an additional 988,044 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Trading Down 0.0%

NYSEARCA MUB opened at $107.05 on Friday. The company has a 50 day moving average price of $106.84 and a two-hundred day moving average price of $107.17. iShares National Muni Bond ETF has a 12-month low of $103.14 and a 12-month high of $109.00.

iShares National Muni Bond ETF Company 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.