Bank of New York Mellon Corp Has $734.52 Million Position in iShares National Muni Bond ETF $MUB

Bank of New York Mellon Corp lessened its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 5.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,897,503 shares of the exchange traded fund’s stock after selling 365,792 shares during the quarter. Bank of New York Mellon Corp owned 1.81% of iShares National Muni Bond ETF worth $734,515,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MUB. Stonehage Fleming Financial Services Holdings Ltd increased its stake in shares of iShares National Muni Bond ETF by 29.8% in the third quarter. Stonehage Fleming Financial Services Holdings Ltd now owns 88,662 shares of the exchange traded fund’s stock worth $9,442,000 after acquiring an additional 20,360 shares during the last quarter. Valeo Financial Advisors LLC grew its stake in shares of iShares National Muni Bond ETF by 5.2% in the 3rd quarter. Valeo Financial Advisors LLC now owns 44,229 shares of the exchange traded fund’s stock valued at $4,710,000 after buying an additional 2,196 shares in the last quarter. Florin Court Capital LLP increased its holdings in iShares National Muni Bond ETF by 115.4% in the third quarter. Florin Court Capital LLP now owns 5,600 shares of the exchange traded fund’s stock worth $596,000 after buying an additional 3,000 shares during the last quarter. Braun Bostich & Associates Inc. raised its position in iShares National Muni Bond ETF by 29.0% during the third quarter. Braun Bostich & Associates Inc. now owns 4,809 shares of the exchange traded fund’s stock valued at $512,000 after acquiring an additional 1,080 shares in the last quarter. Finally, Little House Capital LLC raised its position in iShares National Muni Bond ETF by 4.1% during the third quarter. Little House Capital LLC now owns 5,793 shares of the exchange traded fund’s stock valued at $617,000 after acquiring an additional 229 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

MUB stock opened at $107.81 on Thursday. The firm has a 50 day moving average of $107.21 and a two-hundred day moving average of $106.19. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $107.86.

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.