Fifth Third Bancorp Buys 8,412 Shares of iShares National Muni Bond ETF $MUB

Fifth Third Bancorp lifted its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 8.7% in the third quarter, Holdings Channel.com reports. The fund owned 105,054 shares of the exchange traded fund’s stock after acquiring an additional 8,412 shares during the quarter. Fifth Third Bancorp’s holdings in iShares National Muni Bond ETF were worth $11,187,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MUB. Hollencrest Capital Management bought a new stake in shares of iShares National Muni Bond ETF in the 2nd quarter valued at $26,000. Total Investment Management Inc. bought a new position in iShares National Muni Bond ETF during the second quarter worth $33,000. Inlight Wealth Management LLC acquired a new position in iShares National Muni Bond ETF in the third quarter valued at $37,000. Evolution Wealth Management Inc. acquired a new position in iShares National Muni Bond ETF in the second quarter valued at $44,000. Finally, Financial Network Wealth Advisors LLC boosted its position in iShares National Muni Bond ETF by 83.8% during the third quarter. Financial Network Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock valued at $50,000 after acquiring an additional 212 shares during the last quarter. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Trading Up 0.1%

Shares of iShares National Muni Bond ETF stock opened at $108.33 on Wednesday. The business has a 50-day moving average price of $107.44 and a two-hundred day moving average price of $106.63. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $108.43.

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.