iShares National Muni Bond ETF $MUB Stock Position Decreased by Steel Grove Capital Advisors LLC

Steel Grove Capital Advisors LLC cut its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 69.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 3,411 shares of the exchange traded fund’s stock after selling 7,598 shares during the quarter. Steel Grove Capital Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $365,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of MUB. Wellington Management Group LLP bought a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter worth $387,198,000. Bank of America Corp DE boosted its stake in shares of iShares National Muni Bond ETF by 9.9% during the 3rd quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock worth $3,574,913,000 after acquiring an additional 3,026,165 shares in the last quarter. Allstate Corp boosted its stake in shares of iShares National Muni Bond ETF by 173.3% during the 4th quarter. Allstate Corp now owns 3,016,409 shares of the exchange traded fund’s stock worth $323,088,000 after acquiring an additional 1,912,851 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of iShares National Muni Bond ETF by 20.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock worth $799,905,000 after acquiring an additional 1,261,391 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its stake in shares of iShares National Muni Bond ETF by 10.2% during the 4th quarter. Fisher Asset Management LLC now owns 10,713,817 shares of the exchange traded fund’s stock worth $1,147,557,000 after acquiring an additional 988,044 shares in the last quarter. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Price Performance

MUB opened at $106.89 on Thursday. The business has a fifty day simple moving average of $106.65 and a 200-day simple moving average of $107.19. iShares National Muni Bond ETF has a fifty-two week low of $103.14 and a fifty-two week high of $109.00.

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.