Bleakley Financial Group LLC grew its stake in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 31.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 34,537 shares of the exchange traded fund’s stock after purchasing an additional 8,279 shares during the period. Bleakley Financial Group LLC’s holdings in iShares National Muni Bond ETF were worth $3,699,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also modified their holdings of MUB. Wellington Management Group LLP purchased a new stake in iShares National Muni Bond ETF in the 3rd quarter worth approximately $387,198,000. Bank of America Corp DE boosted its position in iShares National Muni Bond ETF by 9.9% in the 3rd quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock worth $3,574,913,000 after purchasing an additional 3,026,165 shares in the last quarter. Allstate Corp boosted its position in iShares National Muni Bond ETF by 173.3% in the 4th quarter. Allstate Corp now owns 3,016,409 shares of the exchange traded fund’s stock worth $323,088,000 after purchasing an additional 1,912,851 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its position in iShares National Muni Bond ETF by 20.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock worth $799,905,000 after purchasing an additional 1,261,391 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its position in iShares National Muni Bond ETF by 10.2% in the 4th quarter. Fisher Asset Management LLC now owns 10,713,817 shares of the exchange traded fund’s stock worth $1,147,557,000 after purchasing an additional 988,044 shares in the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.
iShares National Muni Bond ETF Stock Performance
iShares National Muni Bond ETF stock opened at $106.89 on Thursday. iShares National Muni Bond ETF has a 12 month low of $103.14 and a 12 month high of $109.00. The stock’s 50 day simple moving average is $106.65 and its two-hundred day simple moving average is $107.19.
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.
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