German American Bancorp Inc. Boosts Stock Holdings in iShares National Muni Bond ETF $MUB

German American Bancorp Inc. lifted its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 48.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 122,736 shares of the exchange traded fund’s stock after acquiring an additional 39,912 shares during the quarter. iShares National Muni Bond ETF comprises about 1.3% of German American Bancorp Inc.’s portfolio, making the stock its 19th biggest holding. German American Bancorp Inc.’s holdings in iShares National Muni Bond ETF were worth $12,823,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MUB. Granite Harbor Advisors Inc. lifted its position in shares of iShares National Muni Bond ETF by 10.1% during the 2nd quarter. Granite Harbor Advisors Inc. now owns 93,593 shares of the exchange traded fund’s stock valued at $9,779,000 after buying an additional 8,596 shares in the last quarter. Advyzon Investment Management LLC increased its holdings in iShares National Muni Bond ETF by 144.7% in the 2nd quarter. Advyzon Investment Management LLC now owns 35,077 shares of the exchange traded fund’s stock worth $3,665,000 after acquiring an additional 20,743 shares in the last quarter. AE Wealth Management LLC raised its position in iShares National Muni Bond ETF by 2.4% during the second quarter. AE Wealth Management LLC now owns 356,712 shares of the exchange traded fund’s stock worth $37,269,000 after acquiring an additional 8,289 shares during the period. Presilium Private Wealth LLC raised its position in iShares National Muni Bond ETF by 3.0% during the second quarter. Presilium Private Wealth LLC now owns 49,501 shares of the exchange traded fund’s stock worth $5,172,000 after acquiring an additional 1,465 shares during the period. Finally, Charles Schwab Trust Co lifted its holdings in iShares National Muni Bond ETF by 22.8% during the second quarter. Charles Schwab Trust Co now owns 170,253 shares of the exchange traded fund’s stock valued at $17,788,000 after purchasing an additional 31,590 shares in the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

MUB stock opened at $106.97 on Thursday. The firm has a 50-day simple moving average of $107.12 and a 200-day simple moving average of $105.38. iShares National Muni Bond ETF has a 52 week low of $100.29 and a 52 week high of $108.35.

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).