Fifth Third Bancorp Purchases 13,886 Shares of iShares National Muni Bond ETF $MUB

Fifth Third Bancorp grew its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 2.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 582,488 shares of the exchange traded fund’s stock after purchasing an additional 13,886 shares during the period. Fifth Third Bancorp’s holdings in iShares National Muni Bond ETF were worth $58,890,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. King Luther Capital Management Corp acquired a new stake in iShares National Muni Bond ETF during the third quarter worth $305,000. Ndwm LLC lifted its stake in shares of iShares National Muni Bond ETF by 21.6% in the 3rd quarter. Ndwm LLC now owns 23,754 shares of the exchange traded fund’s stock valued at $2,402,000 after purchasing an additional 4,214 shares during the last quarter. UNIVEST FINANCIAL Corp acquired a new position in shares of iShares National Muni Bond ETF in the 3rd quarter valued at $14,920,000. NBH Bank lifted its stake in shares of iShares National Muni Bond ETF by 36.8% in the 3rd quarter. NBH Bank now owns 624 shares of the exchange traded fund’s stock valued at $63,000 after purchasing an additional 168 shares during the last quarter. Finally, Joel Isaacson & Co. LLC purchased a new position in shares of iShares National Muni Bond ETF during the 3rd quarter worth $6,626,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.8%

NYSEARCA MUB opened at $103.95 on Friday. The stock has a fifty day simple moving average of $102.77 and a 200-day simple moving average of $105.81. iShares National Muni Bond ETF has a twelve month low of $100.07 and a twelve 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.