TSG Advice Partners LLC bought a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 15,901 shares of the exchange traded fund’s stock, valued at approximately $1,711,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE boosted its position in shares of 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 during the period. Envestnet Asset Management Inc. raised its position in 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 during the last quarter. Bank of New York Mellon Corp raised its position in iShares National Muni Bond ETF by 3.0% in the 1st quarter. Bank of New York Mellon Corp now owns 7,303,630 shares of the exchange traded fund’s stock valued at $775,280,000 after buying an additional 214,265 shares during the last quarter. Cetera Investment Advisers raised its position in iShares National Muni Bond ETF by 14.9% in the 1st quarter. Cetera Investment Advisers now owns 3,210,936 shares of the exchange traded fund’s stock valued at $340,841,000 after buying an additional 416,372 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in iShares National Muni Bond ETF by 4.2% in the 1st quarter. Assetmark Inc. now owns 3,196,889 shares of the exchange traded fund’s stock valued at $339,350,000 after acquiring an additional 129,497 shares in the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.
iShares National Muni Bond ETF Stock Performance
NYSEARCA MUB opened at $103.90 on Tuesday. iShares National Muni Bond ETF has a 52 week low of $100.07 and a 52 week high of $109.00. The stock’s 50 day moving average price is $102.86 and its two-hundred day moving average price is $105.94.
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.
Further Reading
- Five stocks we like better than iShares National Muni Bond ETF
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AIāThese 5 Stocks Are Getting Paid
Receive News & Ratings for iShares National Muni Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares National Muni Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
