Bank of New York Mellon Corp Boosts Holdings in iShares National Muni Bond ETF $MUB

Bank of New York Mellon Corp raised its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,303,630 shares of the exchange traded fund’s stock after buying an additional 214,265 shares during the quarter. Bank of New York Mellon Corp owned approximately 1.79% of iShares National Muni Bond ETF worth $775,280,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Checchi Capital Advisers LLC boosted its holdings in iShares National Muni Bond ETF by 21.5% in the first quarter. Checchi Capital Advisers LLC now owns 47,229 shares of the exchange traded fund’s stock valued at $5,013,000 after acquiring an additional 8,356 shares during the last quarter. Aegis Wealth Management Inc. acquired a new stake in iShares National Muni Bond ETF during the fourth quarter worth about $552,000. Confluence Investment Management LLC increased its stake in iShares National Muni Bond ETF by 30.9% during the fourth quarter. Confluence Investment Management LLC now owns 29,933 shares of the exchange traded fund’s stock worth $3,206,000 after acquiring an additional 7,072 shares during the last quarter. Cahaba Wealth Management Inc. raised its holdings in shares of iShares National Muni Bond ETF by 3.4% in the 4th quarter. Cahaba Wealth Management Inc. now owns 350,964 shares of the exchange traded fund’s stock worth $37,592,000 after purchasing an additional 11,597 shares during the period. Finally, CIBC Bancorp USA Inc. purchased a new position in shares of iShares National Muni Bond ETF in the 3rd quarter worth about $12,404,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Down 0.1%

NYSEARCA MUB opened at $106.62 on Friday. iShares National Muni Bond ETF has a 1-year low of $103.14 and a 1-year high of $109.00. The business’s 50-day simple moving average is $106.96 and its 200-day simple moving average is $107.22.

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.