FLC Capital Advisors Boosts Stake in iShares National Muni Bond ETF $MUB

FLC Capital Advisors grew its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 34.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,813 shares of the exchange traded fund’s stock after acquiring an additional 728 shares during the period. FLC Capital Advisors’ holdings in iShares National Muni Bond ETF were worth $294,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MUB. US Bancorp DE boosted its stake in shares of iShares National Muni Bond ETF by 34.4% during the second quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock valued at $767,087,000 after purchasing an additional 1,877,664 shares in the last quarter. Allstate Corp increased its holdings in iShares National Muni Bond ETF by 91.2% in the first quarter. Allstate Corp now owns 3,017,964 shares of the exchange traded fund’s stock valued at $318,214,000 after buying an additional 1,439,584 shares in the last quarter. Park Avenue Securities LLC purchased a new position in iShares National Muni Bond ETF in the second quarter valued at $116,279,000. Charles Schwab Investment Management Inc. grew its position in shares of iShares National Muni Bond ETF by 9.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 9,199,988 shares of the exchange traded fund’s stock valued at $970,047,000 after purchasing an additional 802,170 shares during the period. Finally, Raymond James Financial Inc. boosted its position in iShares National Muni Bond ETF by 57.1% during the first quarter. Raymond James Financial Inc. now owns 1,743,638 shares of the exchange traded fund’s stock worth $183,849,000 after acquiring an additional 633,905 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

MUB opened at $107.42 on Monday. The firm’s 50-day moving average price is $105.63 and its 200 day moving average price is $104.48. iShares National Muni Bond ETF has a twelve month low of $100.29 and a twelve month high of $108.60.

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).