Allstate Corp boosted its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 173.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,016,409 shares of the exchange traded fund’s stock after purchasing an additional 1,912,851 shares during the quarter. iShares National Muni Bond ETF comprises 4.4% of Allstate Corp’s holdings, making the stock its 4th biggest position. Allstate Corp’s holdings in iShares National Muni Bond ETF were worth $323,088,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Turning Point Benefit Group Inc. bought a new stake in iShares National Muni Bond ETF during the 3rd quarter worth about $26,000. Dunhill Financial LLC raised its holdings in iShares National Muni Bond ETF by 807.1% during the 4th quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 226 shares during the last quarter. Carolina Wealth Advisors LLC bought a new stake in iShares National Muni Bond ETF during the 4th quarter worth about $28,000. Hantz Financial Services Inc. raised its holdings in iShares National Muni Bond ETF by 164.1% during the 4th quarter. Hantz Financial Services Inc. now owns 309 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 192 shares during the last quarter. Finally, Imprint Wealth LLC bought a new stake in iShares National Muni Bond ETF during the 3rd quarter worth about $35,000. 90.19% of the stock is owned by institutional investors.
iShares National Muni Bond ETF Stock Performance
Shares of NYSEARCA:MUB opened at $106.17 on Tuesday. The firm’s 50 day simple moving average is $106.67 and its 200 day simple moving average is $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.
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