Vestmark Advisory Solutions Inc. Trims Stake in iShares National Muni Bond ETF $MUB

Vestmark Advisory Solutions Inc. lowered its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 6.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 187,765 shares of the exchange traded fund’s stock after selling 13,641 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in iShares National Muni Bond ETF were worth $19,995,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of MUB. Envestnet Asset Management Inc. raised its stake in iShares National Muni Bond ETF by 4.6% in the second quarter. Envestnet Asset Management Inc. now owns 20,357,173 shares of the exchange traded fund’s stock valued at $2,126,917,000 after purchasing an additional 890,804 shares in the last quarter. Betterment LLC increased its holdings in shares of iShares National Muni Bond ETF by 1.0% in the 2nd quarter. Betterment LLC now owns 18,584,233 shares of the exchange traded fund’s stock worth $1,941,681,000 after buying an additional 175,531 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of iShares National Muni Bond ETF by 43.0% during the 2nd quarter. Fisher Asset Management LLC now owns 8,914,935 shares of the exchange traded fund’s stock valued at $931,432,000 after buying an additional 2,679,139 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares National Muni Bond ETF by 5.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 7,528,127 shares of the exchange traded fund’s stock worth $786,539,000 after acquiring an additional 369,771 shares during the last quarter. Finally, TIAA Trust National Association grew its position in iShares National Muni Bond ETF by 3.8% in the second quarter. TIAA Trust National Association now owns 5,265,134 shares of the exchange traded fund’s stock worth $550,099,000 after acquiring an additional 190,861 shares in the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

MUB opened at $108.54 on Friday. The business’s fifty day simple moving average is $107.53 and its 200 day simple moving average is $106.71. iShares National Muni Bond ETF has a 52 week low of $100.29 and a 52 week high of $108.57.

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). 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.