SNS Financial Group LLC Sells 14,580 Shares of iShares National Muni Bond ETF $MUB

SNS Financial Group LLC reduced its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 5.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 271,449 shares of the exchange traded fund’s stock after selling 14,580 shares during the period. iShares National Muni Bond ETF accounts for about 2.5% of SNS Financial Group LLC’s investment portfolio, making the stock its 14th biggest position. SNS Financial Group LLC owned about 0.07% of iShares National Muni Bond ETF worth $28,907,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Betterment LLC grew its holdings in iShares National Muni Bond ETF by 1.0% during the 2nd quarter. Betterment LLC now owns 18,584,233 shares of the exchange traded fund’s stock valued at $1,941,681,000 after buying an additional 175,531 shares in the last quarter. Fisher Asset Management LLC raised its holdings 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 acquiring an additional 810,838 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of iShares National Muni Bond ETF by 5.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 7,528,127 shares of the exchange traded fund’s stock valued at $786,539,000 after acquiring an additional 369,771 shares during the last quarter. TIAA Trust National Association boosted its position in shares of iShares National Muni Bond ETF by 5.0% during the 3rd quarter. TIAA Trust National Association now owns 5,529,245 shares of the exchange traded fund’s stock valued at $588,808,000 after acquiring an additional 264,111 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of iShares National Muni Bond ETF by 5.6% in the third quarter. JPMorgan Chase & Co. now owns 4,576,697 shares of the exchange traded fund’s stock valued at $487,373,000 after purchasing an additional 241,486 shares in the last quarter. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

Shares of MUB opened at $107.55 on Monday. The company’s fifty day moving average is $107.81 and its 200 day moving average is $107.02. iShares National Muni Bond ETF has a fifty-two week low of $100.29 and a fifty-two week high of $109.00.

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.