iShares National Muni Bond ETF $MUB Shares Sold by Bessemer Group Inc.

Bessemer Group Inc. cut its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 5.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 647,017 shares of the exchange traded fund’s stock after selling 40,237 shares during the quarter. Bessemer Group Inc. owned about 0.16% of iShares National Muni Bond ETF worth $68,680,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in shares of iShares National Muni Bond ETF by 11.3% during the 4th quarter. Bank of America Corp DE now owns 37,349,821 shares of the exchange traded fund’s stock worth $4,000,539,000 after acquiring an additional 3,779,406 shares during the period. Wellington Management Group LLP purchased a new stake in iShares National Muni Bond ETF in the third quarter valued at approximately $387,198,000. Allstate Corp increased its position in iShares National Muni Bond ETF by 173.3% during the fourth 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 during the last quarter. Betterment LLC increased its position in iShares National Muni Bond ETF by 9.5% during the fourth quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock worth $2,034,042,000 after purchasing an additional 1,646,689 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in iShares National Muni Bond ETF by 13.8% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 8,549,244 shares of the exchange traded fund’s stock worth $915,710,000 after purchasing an additional 1,037,682 shares during the last quarter. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Down 0.0%

NYSEARCA:MUB opened at $106.58 on Friday. The firm’s 50 day moving average is $106.95 and its two-hundred day moving average is $107.22. iShares National Muni Bond ETF has a fifty-two week low of $103.14 and a fifty-two week high of $109.00.

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.