Guidance Capital Inc. cut its stake in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 48.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,847 shares of the exchange traded fund’s stock after selling 10,233 shares during the quarter. Guidance Capital Inc.’s holdings in iShares National Muni Bond ETF were worth $1,166,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently modified their holdings of MUB. Wellington Management Group LLP bought a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter valued at about $387,198,000. Bank of America Corp DE increased its stake in shares of iShares National Muni Bond ETF by 9.9% in the 3rd 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 acquiring an additional 3,026,165 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its stake in iShares National Muni Bond ETF by 20.2% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock worth $799,905,000 after purchasing an additional 1,261,391 shares in the last quarter. Creative Planning increased its stake in iShares National Muni Bond ETF by 6.9% during the 3rd quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock worth $1,404,732,000 after purchasing an additional 851,224 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in iShares National Muni Bond ETF by 9.1% during the 3rd quarter. Fisher Asset Management LLC now owns 9,725,773 shares of the exchange traded fund’s stock worth $1,035,698,000 after purchasing an additional 810,838 shares in the last quarter. 90.19% of the stock is owned by institutional investors.
iShares National Muni Bond ETF Price Performance
NYSEARCA MUB opened at $107.08 on Wednesday. The business has a 50 day simple moving average of $107.34 and a 200 day simple moving average of $107.24. iShares National Muni Bond ETF has a 52-week low of $102.38 and a 52-week high of $109.00.
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). 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.
Further Reading
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