New York Life Investment Management LLC Sells 190,153 Shares of iShares National Muni Bond ETF $MUB

New York Life Investment Management LLC lessened its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 46.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 221,546 shares of the exchange traded fund’s stock after selling 190,153 shares during the period. New York Life Investment Management LLC’s holdings in iShares National Muni Bond ETF were worth $23,730,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Wellington Management Group LLP purchased a new position in shares of iShares National Muni Bond ETF during the third quarter valued at approximately $387,198,000. Bank of America Corp DE boosted its holdings in iShares National Muni Bond ETF by 9.9% in the third quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock valued at $3,574,913,000 after acquiring an additional 3,026,165 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in iShares National Muni Bond ETF by 20.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock valued at $799,905,000 after acquiring an additional 1,261,391 shares in the last quarter. Creative Planning increased its position in 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 valued at $1,404,732,000 after purchasing an additional 851,224 shares during the period. Finally, Fisher Asset Management LLC raised its holdings in iShares National Muni Bond ETF by 9.1% in 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 in the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $106.66 on Friday. The firm has a fifty day simple moving average of $106.88 and a two-hundred day simple moving average of $107.26. iShares National Muni Bond ETF has a 12 month low of $103.14 and a 12 month high of $109.00.

iShares National Muni Bond ETF 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.