Royal Bank of Canada Has $133.57 Million Holdings in iShares National Muni Bond ETF $MUB

Royal Bank of Canada cut its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 2.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,258,347 shares of the exchange traded fund’s stock after selling 29,580 shares during the period. Royal Bank of Canada owned about 0.31% of iShares National Muni Bond ETF worth $133,573,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MUB. Eley Financial Management Inc raised its holdings in shares of iShares National Muni Bond ETF by 22.7% in the first quarter. Eley Financial Management Inc now owns 7,221 shares of the exchange traded fund’s stock valued at $762,000 after buying an additional 1,338 shares during the last quarter. Evelyn Partners Asset Management Ltd bought a new stake in iShares National Muni Bond ETF during the 1st quarter worth about $222,000. IMG Wealth Management Inc. increased its position in iShares National Muni Bond ETF by 79.9% in the 1st quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 107 shares in the last quarter. Quantinno Capital Management LP increased its position in iShares National Muni Bond ETF by 39.4% in the 1st quarter. Quantinno Capital Management LP now owns 63,807 shares of the exchange traded fund’s stock valued at $6,773,000 after acquiring an additional 18,020 shares in the last quarter. Finally, Gateway Wealth Partners LLC increased its position in iShares National Muni Bond ETF by 393.3% in the 1st quarter. Gateway Wealth Partners LLC now owns 35,301 shares of the exchange traded fund’s stock valued at $3,747,000 after acquiring an additional 28,145 shares in the last quarter. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Down 0.0%

Shares of NYSEARCA MUB opened at $105.76 on Friday. iShares National Muni Bond ETF has a 1-year low of $103.65 and a 1-year high of $109.00. The company has a 50-day moving average of $106.86 and a two-hundred day moving average of $107.12.

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). 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.