iShares National Muni Bond ETF $MUB Stock: May Hill Capital LLC Raises Position

May Hill Capital LLC lifted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 27.7% during the third quarter, Holdings Channel reports. The fund owned 134,085 shares of the exchange traded fund’s stock after acquiring an additional 29,065 shares during the quarter. iShares National Muni Bond ETF accounts for 2.7% of May Hill Capital LLC’s holdings, making the stock its 6th largest position. May Hill Capital LLC’s holdings in iShares National Muni Bond ETF were worth $13,556,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Checchi Capital Advisers LLC raised its stake in shares of iShares National Muni Bond ETF by 21.5% in 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 buying an additional 8,356 shares in the last quarter. Black Diamond Financial LLC grew its position in iShares National Muni Bond ETF by 17.2% in the third quarter. Black Diamond Financial LLC now owns 208,388 shares of the exchange traded fund’s stock valued at $21,068,000 after acquiring an additional 30,566 shares during the period. Heritage Investors Management Corp bought a new stake in iShares National Muni Bond ETF in the third quarter valued at $587,000. Sterling Investment Advisors Ltd. raised its stake in iShares National Muni Bond ETF by 23.3% during the second quarter. Sterling Investment Advisors Ltd. now owns 62,389 shares of the exchange traded fund’s stock worth $6,714,000 after acquiring an additional 11,800 shares in the last quarter. Finally, First Heartland Consultants Inc. acquired a new position in iShares National Muni Bond ETF during the third quarter worth $2,296,000. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Trading Up 0.1%

MUB stock traded up $0.10 during trading on Friday, hitting $104.91. 10,199,316 shares of the stock traded hands, compared to its average volume of 6,189,513. iShares National Muni Bond ETF has a one year low of $100.07 and a one year high of $109.00. The company has a 50 day simple moving average of $102.78 and a 200 day simple moving average of $105.87.

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.