Bank of America Corp DE Purchases 4,763,839 Shares of iShares National Muni Bond ETF $MUB

Bank of America Corp DE grew its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 12.8% in the 1st quarter, Holdings Channel.com reports. The firm owned 42,113,660 shares of the exchange traded fund’s stock after purchasing an additional 4,763,839 shares during the quarter. Bank of America Corp DE owned approximately 0.10% of iShares National Muni Bond ETF worth $4,470,365,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in MUB. Checchi Capital Advisers LLC grew its position in shares of iShares National Muni Bond ETF by 21.5% during the 1st quarter. Checchi Capital Advisers LLC now owns 47,229 shares of the exchange traded fund’s stock valued at $5,013,000 after acquiring an additional 8,356 shares during the period. Aegis Wealth Management Inc. bought a new position in iShares National Muni Bond ETF in the 4th quarter worth $552,000. BIP Wealth LLC lifted its position in iShares National Muni Bond ETF by 25.9% during the fourth quarter. BIP Wealth LLC now owns 89,574 shares of the exchange traded fund’s stock valued at $9,594,000 after purchasing an additional 18,422 shares in the last quarter. Slow Capital Inc. lifted its position in iShares National Muni Bond ETF by 9.7% during the fourth quarter. Slow Capital Inc. now owns 202,919 shares of the exchange traded fund’s stock valued at $21,735,000 after purchasing an additional 17,960 shares in the last quarter. Finally, Hudson Oak Wealth Advisory LLC bought a new stake in iShares National Muni Bond ETF during the fourth quarter valued at about $1,688,000. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

iShares National Muni Bond ETF stock opened at $105.77 on Thursday. iShares National Muni Bond ETF has a 12-month low of $103.58 and a 12-month high of $109.00. The firm has a 50 day moving average of $106.87 and a 200 day moving average of $107.14.

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.