Simplex Trading LLC purchased a new stake in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) during the third quarter, according to its most recent disclosure with the SEC. The firm purchased 133,229 shares of the exchange traded fund’s stock, valued at approximately $13,469,000.
Several other institutional investors also recently bought and sold shares of MUB. Bank of America Corp DE boosted its stake in shares of iShares National Muni Bond ETF by 12.8% in 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 acquiring an additional 4,763,839 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in iShares National Muni Bond ETF in the 3rd quarter valued at $279,664,000. Park Avenue Securities LLC acquired a new position in iShares National Muni Bond ETF in the 3rd quarter valued at $153,414,000. Signaturefd LLC acquired a new position in iShares National Muni Bond ETF in the 3rd quarter valued at $92,707,000. Finally, Envestnet Asset Management Inc. lifted its holdings 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 purchasing an additional 880,501 shares in the last quarter. 90.19% of the stock is currently owned by institutional investors and hedge funds.
iShares National Muni Bond ETF Stock Up 0.1%
Shares of MUB opened at $104.98 on Tuesday. iShares National Muni Bond ETF has a 52-week low of $100.07 and a 52-week high of $109.00. The firm’s fifty day moving average is $102.77 and its two-hundred day moving average is $105.86.
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.
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