Arkos Global Advisors cut its stake in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 25.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 487,686 shares of the exchange traded fund’s stock after selling 163,884 shares during the period. iShares National Muni Bond ETF comprises approximately 6.6% of Arkos Global Advisors’ portfolio, making the stock its 5th largest position. Arkos Global Advisors owned about 0.13% of iShares National Muni Bond ETF worth $51,934,000 as of its most recent filing with the SEC.
A number of other institutional investors have also added to or reduced their stakes in the company. Wellington Management Group LLP purchased a new position in shares of iShares National Muni Bond ETF in the 3rd quarter worth about $387,198,000. Fisher Asset Management LLC raised its holdings in shares of iShares National Muni Bond ETF by 43.0% during the 2nd quarter. Fisher Asset Management LLC now owns 8,914,935 shares of the exchange traded fund’s stock valued at $931,432,000 after buying an additional 2,679,139 shares in the last quarter. Laurel Wealth Advisors LLC raised its holdings in shares of iShares National Muni Bond ETF by 11,118.5% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,093,247 shares of the exchange traded fund’s stock valued at $114,222,000 after buying an additional 1,083,502 shares in the last quarter. Creative Planning lifted its position in iShares National Muni Bond ETF by 6.9% in the 3rd quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock worth $1,404,732,000 after buying an additional 851,224 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in iShares National Muni Bond ETF by 27.8% in the 2nd quarter. Raymond James Financial Inc. now owns 2,228,405 shares of the exchange traded fund’s stock worth $232,824,000 after buying an additional 484,767 shares during the last quarter. Institutional investors own 90.19% of the company’s stock.
iShares National Muni Bond ETF Stock Up 0.3%
Shares of MUB opened at $107.25 on Friday. iShares National Muni Bond ETF has a 1 year low of $100.29 and a 1 year high of $109.00. The stock has a 50 day simple moving average of $107.83 and a two-hundred day simple moving average of $107.11.
iShares National Muni Bond ETF Company 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). 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.
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