CIBC Bancorp USA Inc. Makes New $12.40 Million Investment in iShares National Muni Bond ETF $MUB

CIBC Bancorp USA Inc. bought a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 116,480 shares of the exchange traded fund’s stock, valued at approximately $12,404,000.

Other hedge funds have also made changes to their positions in the company. Maple Capital Management Inc. grew its position in shares of iShares National Muni Bond ETF by 15.2% during the 3rd quarter. Maple Capital Management Inc. now owns 5,320 shares of the exchange traded fund’s stock worth $567,000 after buying an additional 703 shares in the last quarter. First Commonwealth Financial Corp PA purchased a new position in shares of iShares National Muni Bond ETF during the third quarter valued at $4,274,000. Aspire Private Capital LLC raised its holdings in shares of iShares National Muni Bond ETF by 3.6% in the third quarter. Aspire Private Capital LLC now owns 26,276 shares of the exchange traded fund’s stock valued at $2,798,000 after acquiring an additional 924 shares in the last quarter. San Luis Wealth Advisors LLC raised its holdings in shares of iShares National Muni Bond ETF by 7.2% in the third quarter. San Luis Wealth Advisors LLC now owns 62,702 shares of the exchange traded fund’s stock valued at $6,677,000 after acquiring an additional 4,197 shares in the last quarter. Finally, Vertex Planning Partners LLC lifted its stake in iShares National Muni Bond ETF by 9.8% in the third quarter. Vertex Planning Partners LLC now owns 11,884 shares of the exchange traded fund’s stock worth $1,266,000 after acquiring an additional 1,063 shares during the period. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Trading Down 0.1%

Shares of iShares National Muni Bond ETF stock opened at $106.85 on Friday. iShares National Muni Bond ETF has a 1 year low of $100.29 and a 1 year high of $109.00. The firm’s 50-day moving average is $107.80 and its two-hundred day moving average is $107.16.

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.