Commonwealth Equity Services LLC Raises Stake in iShares National Muni Bond ETF (MUB)

Commonwealth Equity Services LLC raised its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 433.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 629,820 shares of the exchange traded fund’s stock after acquiring an additional 511,761 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.70% of iShares National Muni Bond ETF worth $67,982,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of MUB. BlackRock Inc. grew its stake in shares of iShares National Muni Bond ETF by 2.6% during the 1st quarter. BlackRock Inc. now owns 263,422 shares of the exchange traded fund’s stock worth $28,695,000 after acquiring an additional 6,795 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of iShares National Muni Bond ETF by 147.3% during the 1st quarter. The Manufacturers Life Insurance Company now owns 9,745 shares of the exchange traded fund’s stock worth $1,062,000 after acquiring an additional 5,805 shares in the last quarter. Manning & Napier Group LLC grew its stake in shares of iShares National Muni Bond ETF by 2.3% during the 2nd quarter. Manning & Napier Group LLC now owns 239,078 shares of the exchange traded fund’s stock worth $26,069,000 after acquiring an additional 5,375 shares in the last quarter. Atria Investments LLC grew its stake in shares of iShares National Muni Bond ETF by 17.9% during the 2nd quarter. Atria Investments LLC now owns 21,277 shares of the exchange traded fund’s stock worth $2,320,000 after acquiring an additional 3,229 shares in the last quarter. Finally, Welch & Forbes LLC grew its stake in shares of iShares National Muni Bond ETF by 53.9% during the 2nd quarter. Welch & Forbes LLC now owns 3,385 shares of the exchange traded fund’s stock worth $369,000 after acquiring an additional 1,185 shares in the last quarter.

Shares of MUB opened at $106.90 on Friday. iShares National Muni Bond ETF has a twelve month low of $106.42 and a twelve month high of $111.25.

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 7th. Stockholders of record on Friday, November 2nd were paid a dividend of $0.2471 per share. This is a boost from iShares National Muni Bond ETF’s previous monthly dividend of $0.24. This represents a $2.96 annualized dividend and a dividend yield of 2.77%. The ex-dividend date was Thursday, November 1st.

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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).

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Institutional Ownership by Quarter for iShares National Muni Bond ETF (NYSEARCA:MUB)

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