BNP Paribas Financial Markets Raises Stock Holdings in iShares National Muni Bond ETF $MUB

BNP Paribas Financial Markets raised its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 217.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 203,120 shares of the exchange traded fund’s stock after buying an additional 139,164 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.05% of iShares National Muni Bond ETF worth $21,756,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MUB. Wellington Management Group LLP purchased a new stake in iShares National Muni Bond ETF in the third quarter valued at approximately $387,198,000. Bank of America Corp DE increased its holdings in shares of iShares National Muni Bond ETF by 9.9% in the third quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock valued at $3,574,913,000 after purchasing an additional 3,026,165 shares during the period. Allstate Corp increased its holdings in shares of iShares National Muni Bond ETF by 173.3% in the fourth quarter. Allstate Corp now owns 3,016,409 shares of the exchange traded fund’s stock valued at $323,088,000 after purchasing an additional 1,912,851 shares during the period. Mercer Global Advisors Inc. ADV increased its holdings in shares of iShares National Muni Bond ETF by 20.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock valued at $799,905,000 after purchasing an additional 1,261,391 shares during the period. Finally, Fisher Asset Management LLC increased its holdings in shares of iShares National Muni Bond ETF by 10.2% in the fourth quarter. Fisher Asset Management LLC now owns 10,713,817 shares of the exchange traded fund’s stock valued at $1,147,557,000 after purchasing an additional 988,044 shares during the period. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

NYSEARCA:MUB opened at $106.97 on Friday. The stock’s 50 day simple moving average is $106.74 and its 200-day simple moving average is $107.18. iShares National Muni Bond ETF has a 12-month low of $103.14 and a 12-month 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.