Baker Avenue Asset Management LP Purchases 9,422 Shares of iShares National Muni Bond ETF $MUB

Baker Avenue Asset Management LP lifted its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 29.8% during the fourth quarter, HoldingsChannel reports. The firm owned 41,007 shares of the exchange traded fund’s stock after purchasing an additional 9,422 shares during the period. Baker Avenue Asset Management LP’s holdings in iShares National Muni Bond ETF were worth $4,392,000 as of its most recent filing with the SEC.

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

iShares National Muni Bond ETF Price Performance

Shares of iShares National Muni Bond ETF stock opened at $107.03 on Friday. The firm has a fifty day moving average price of $106.65 and a two-hundred day moving average price 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.

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.