Bank of New York Mellon Corp Buys 191,862 Shares of iShares National Muni Bond ETF $MUB

Bank of New York Mellon Corp lifted its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 2.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,089,365 shares of the exchange traded fund’s stock after purchasing an additional 191,862 shares during the quarter. Bank of New York Mellon Corp owned 1.80% of iShares National Muni Bond ETF worth $759,342,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in MUB. Advyzon Investment Management LLC boosted its position in iShares National Muni Bond ETF by 18.1% during the 3rd quarter. Advyzon Investment Management LLC now owns 41,426 shares of the exchange traded fund’s stock worth $4,411,000 after buying an additional 6,349 shares during the period. Aegis Wealth Management Inc. acquired a new stake in iShares National Muni Bond ETF during the 4th quarter worth approximately $552,000. Cardinal Point Capital Management ULC boosted its position in iShares National Muni Bond ETF by 9.0% during the 3rd quarter. Cardinal Point Capital Management ULC now owns 349,470 shares of the exchange traded fund’s stock worth $37,397,000 after buying an additional 28,823 shares during the period. Confluence Investment Management LLC boosted its position in iShares National Muni Bond ETF by 30.9% during the 4th quarter. Confluence Investment Management LLC now owns 29,933 shares of the exchange traded fund’s stock worth $3,206,000 after buying an additional 7,072 shares during the period. Finally, Cahaba Wealth Management Inc. boosted its position in iShares National Muni Bond ETF by 3.4% during the 4th quarter. Cahaba Wealth Management Inc. now owns 350,964 shares of the exchange traded fund’s stock worth $37,592,000 after buying an additional 11,597 shares during the period. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Trading Down 0.1%

NYSEARCA:MUB opened at $107.01 on Thursday. The firm’s 50 day simple moving average is $106.69 and its 200 day simple moving average is $107.18. iShares National Muni Bond ETF has a one year low of $103.14 and a one year high of $109.00.

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.