Capital Investment Services of America Inc. Acquires 50,879 Shares of iShares National Muni Bond ETF $MUB

Capital Investment Services of America Inc. acquired a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) in the 3rd quarter, Holdings Channel reports. The firm acquired 50,879 shares of the exchange traded fund’s stock, valued at approximately $5,144,000.

A number of other hedge funds have also made changes to their positions in the business. Bank of America Corp DE lifted its holdings in shares of iShares National Muni Bond ETF by 12.8% during the 1st quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock valued at $4,470,365,000 after acquiring an additional 4,763,839 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in iShares National Muni Bond ETF by 5.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock worth $1,892,488,000 after purchasing an additional 880,501 shares during the period. Bank of New York Mellon Corp increased its holdings 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 purchasing an additional 214,265 shares in the last quarter. Cetera Investment Advisers increased its holdings 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 purchasing an additional 416,372 shares in the last quarter. Finally, Assetmark Inc. increased its holdings 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 purchasing an additional 129,497 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of iShares National Muni Bond ETF stock opened at $104.36 on Thursday. iShares National Muni Bond ETF has a fifty-two week low of $100.07 and a fifty-two week high of $109.00. The business has a 50-day moving average price of $102.80 and a 200 day moving average price of $105.90.

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.