Bank of New York Mellon Corp grew its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 3.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,303,630 shares of the exchange traded fund’s stock after acquiring an additional 214,265 shares during the period. Bank of New York Mellon Corp’s holdings in iShares National Muni Bond ETF were worth $775,280,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in MUB. Karpus Management Inc. purchased a new stake in iShares National Muni Bond ETF during the 4th quarter worth $25,000. MBM Wealth Consultants LLC purchased a new position in iShares National Muni Bond ETF in the first quarter valued at about $26,000. Turning Point Benefit Group Inc. purchased a new position in iShares National Muni Bond ETF in the third quarter valued at about $26,000. Dunhill Financial LLC raised its position in iShares National Muni Bond ETF by 807.1% in the fourth quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 226 shares during the period. Finally, Carolina Wealth Advisors LLC acquired a new position in shares of iShares National Muni Bond ETF during the fourth quarter worth about $28,000. Institutional investors and hedge funds own 90.19% of the company’s stock.
iShares National Muni Bond ETF Stock Down 0.1%
Shares of NYSEARCA MUB opened at $106.62 on Friday. iShares National Muni Bond ETF has a 1-year low of $103.14 and a 1-year high of $109.00. The business has a 50-day moving average of $106.96 and a 200-day moving average of $107.22.
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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