Johnson Bixby & Associates LLC boosted its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 13.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,640 shares of the exchange traded fund’s stock after purchasing an additional 5,692 shares during the period. iShares National Muni Bond ETF comprises about 0.6% of Johnson Bixby & Associates LLC’s portfolio, making the stock its 27th largest holding. Johnson Bixby & Associates LLC’s holdings in iShares National Muni Bond ETF were worth $4,996,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MUB. Bank of America Corp DE raised its holdings in iShares National Muni Bond ETF by 9.9% during the third quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock worth $3,574,913,000 after acquiring an additional 3,026,165 shares in the last quarter. Betterment LLC grew its stake in iShares National Muni Bond ETF by 1.0% in the second quarter. Betterment LLC now owns 18,584,233 shares of the exchange traded fund’s stock valued at $1,941,681,000 after purchasing an additional 175,531 shares in the last quarter. Creative Planning increased its position in shares of 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 during the last quarter. Fisher Asset Management LLC increased its position in shares of 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 during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares National Muni Bond ETF by 9.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 8,102,619 shares of the exchange traded fund’s stock worth $862,848,000 after purchasing an additional 710,666 shares in the last quarter. 90.19% of the stock is currently owned by institutional investors and hedge funds.
iShares National Muni Bond ETF Price Performance
NYSEARCA MUB opened at $105.64 on Monday. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $109.00. The stock has a 50 day moving average of $107.59 and a 200-day moving average of $107.23.
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.
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