Assetmark Inc. Acquires 121,036 Shares of iShares National Muni Bond ETF $MUB

Assetmark Inc. boosted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 4.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,903,335 shares of the exchange traded fund’s stock after purchasing an additional 121,036 shares during the quarter. Assetmark Inc.’s holdings in iShares National Muni Bond ETF were worth $309,176,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its stake in iShares National Muni Bond ETF by 4.6% in the second quarter. Envestnet Asset Management Inc. now owns 20,357,173 shares of the exchange traded fund’s stock valued at $2,126,917,000 after acquiring an additional 890,804 shares during the period. Betterment LLC boosted its stake in shares of iShares National Muni Bond ETF by 1.0% in the 2nd quarter. Betterment LLC now owns 18,584,233 shares of the exchange traded fund’s stock worth $1,941,681,000 after buying an additional 175,531 shares during the last quarter. Fisher Asset Management LLC boosted its stake in iShares National Muni Bond ETF by 43.0% in the second quarter. Fisher Asset Management LLC now owns 8,914,935 shares of the exchange traded fund’s stock valued at $931,432,000 after acquiring an additional 2,679,139 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in iShares National Muni Bond ETF by 5.2% in the second quarter. PNC Financial Services Group Inc. now owns 7,528,127 shares of the exchange traded fund’s stock valued at $786,539,000 after purchasing an additional 369,771 shares during the last quarter. Finally, TIAA Trust National Association grew its holdings in iShares National Muni Bond ETF by 3.8% during the second quarter. TIAA Trust National Association now owns 5,265,134 shares of the exchange traded fund’s stock valued at $550,099,000 after purchasing an additional 190,861 shares during the period. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

Shares of MUB opened at $108.09 on Friday. The stock’s fifty day moving average price is $107.36 and its two-hundred day moving average price is $106.50. iShares National Muni Bond ETF has a 1 year low of $100.29 and a 1 year high of $108.13.

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.