Meeder Advisory Services Inc. Has $2.78 Million Stake in iShares National Muni Bond ETF (NYSEARCA:MUB)

Meeder Advisory Services Inc. decreased its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 96.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 26,357 shares of the exchange traded fund’s stock after selling 763,512 shares during the period. Meeder Advisory Services Inc.’s holdings in iShares National Muni Bond ETF were worth $2,779,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Bank of America Corp DE increased its holdings in shares of iShares National Muni Bond ETF by 20.7% in the fourth quarter. Bank of America Corp DE now owns 30,881,189 shares of the exchange traded fund’s stock valued at $3,290,391,000 after purchasing an additional 5,297,542 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares National Muni Bond ETF by 5.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 20,358,585 shares of the exchange traded fund’s stock valued at $2,169,207,000 after purchasing an additional 1,138,987 shares in the last quarter. Betterment LLC increased its holdings in shares of iShares National Muni Bond ETF by 8.1% in the fourth quarter. Betterment LLC now owns 18,258,259 shares of the exchange traded fund’s stock valued at $1,945,417,000 after purchasing an additional 1,371,663 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of iShares National Muni Bond ETF by 11,651.4% in the first quarter. GAMMA Investing LLC now owns 13,444,444 shares of the exchange traded fund’s stock valued at $1,417,582,000 after purchasing an additional 13,330,037 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of iShares National Muni Bond ETF by 17.9% in the fourth quarter. Wells Fargo & Company MN now owns 10,606,146 shares of the exchange traded fund’s stock valued at $1,130,085,000 after purchasing an additional 1,608,092 shares in the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of iShares National Muni Bond ETF stock opened at $103.63 on Tuesday. The firm has a 50 day simple moving average of $103.85 and a 200 day simple moving average of $104.87. iShares National Muni Bond ETF has a fifty-two week low of $100.29 and a fifty-two week high of $108.81.

iShares National Muni Bond ETF 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).