Crestwood Advisors Group LLC Increases Stock Position in iShares National Muni Bond ETF $MUB

Crestwood Advisors Group LLC boosted its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 9.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 535,338 shares of the exchange traded fund’s stock after purchasing an additional 44,439 shares during the period. Crestwood Advisors Group LLC’s holdings in iShares National Muni Bond ETF were worth $57,340,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its position 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 during the period. Creative Planning increased its position in iShares National Muni Bond ETF by 6.9% during the third 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 iShares National Muni Bond ETF by 9.1% during the third 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. Northwestern Mutual Wealth Management Co. increased its position in iShares National Muni Bond ETF by 9.6% during the third 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 during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in iShares National Muni Bond ETF by 20.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock worth $799,905,000 after purchasing an additional 1,261,391 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Performance

Shares of MUB opened at $106.99 on Friday. iShares National Muni Bond ETF has a 1-year low of $103.14 and a 1-year high of $109.00. The firm has a 50-day simple moving average of $107.05 and a two-hundred day simple moving average of $107.29.

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). 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.