M&T Bank Corp Has $29.46 Million Stock Position in iShares National Muni Bond ETF $MUB

M&T Bank Corp cut its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.4% during the 3rd quarter, Holdings Channel reports. The firm owned 276,676 shares of the exchange traded fund’s stock after selling 9,719 shares during the period. M&T Bank Corp’s holdings in iShares National Muni Bond ETF were worth $29,463,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wellington Management Group LLP acquired a new position in iShares National Muni Bond ETF in the 3rd quarter valued at $387,198,000. Fisher Asset Management LLC grew 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 worth $931,432,000 after purchasing an additional 2,679,139 shares in the last quarter. Laurel Wealth Advisors LLC grew 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 worth $114,222,000 after purchasing an additional 1,083,502 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of iShares National Muni Bond ETF by 27.8% in the second quarter. Raymond James Financial Inc. now owns 2,228,405 shares of the exchange traded fund’s stock worth $232,824,000 after purchasing an additional 484,767 shares during the period. Finally, Avantax Planning Partners Inc. raised its stake in iShares National Muni Bond ETF by 169.7% in the third quarter. Avantax Planning Partners Inc. now owns 458,812 shares of the exchange traded fund’s stock valued at $48,859,000 after purchasing an additional 288,673 shares in the last quarter. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Up 0.3%

MUB stock opened at $107.25 on Friday. iShares National Muni Bond ETF has a 52 week low of $100.29 and a 52 week high of $109.00. The business has a 50-day simple moving average of $107.83 and a 200 day simple moving average of $107.09.

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.