First Citizens Bank & Trust Co. Has $28.47 Million Holdings in iShares National Muni Bond ETF $MUB

First Citizens Bank & Trust Co. cut its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 90.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 267,338 shares of the exchange traded fund’s stock after selling 2,524,900 shares during the period. iShares National Muni Bond ETF makes up approximately 0.5% of First Citizens Bank & Trust Co.’s investment portfolio, making the stock its 25th largest holding. First Citizens Bank & Trust Co. owned 0.07% of iShares National Muni Bond ETF worth $28,469,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Hollencrest Capital Management bought a new position in shares of iShares National Muni Bond ETF during the 2nd quarter valued at about $26,000. Total Investment Management Inc. bought a new stake in iShares National Muni Bond ETF during the 2nd quarter worth approximately $33,000. Inlight Wealth Management LLC acquired a new stake in iShares National Muni Bond ETF during the 3rd quarter worth approximately $37,000. Harbor Asset Planning Inc. bought a new position in iShares National Muni Bond ETF in the second quarter valued at approximately $43,000. Finally, Evolution Wealth Management Inc. acquired a new position in shares of iShares National Muni Bond ETF in the second quarter valued at approximately $44,000. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Price Performance

Shares of MUB stock opened at $107.61 on Friday. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $107.85. The firm has a fifty day moving average of $107.18 and a 200-day moving average of $106.12.

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.