Manhattan West Asset Management LLC increased its stake in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 7.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,534 shares of the exchange traded fund’s stock after buying an additional 9,910 shares during the period. iShares National Muni Bond ETF accounts for 3.0% of Manhattan West Asset Management LLC’s portfolio, making the stock its 9th largest position. Manhattan West Asset Management LLC’s holdings in iShares National Muni Bond ETF were worth $14,838,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently bought and sold shares of the stock. Bank of America Corp DE raised its stake 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 worth $3,574,913,000 after buying an additional 3,026,165 shares in the last quarter. Creative Planning grew its holdings in iShares National Muni Bond ETF by 6.9% in 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 period. Fisher Asset Management LLC grew its holdings in iShares National Muni Bond ETF by 9.1% in 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 period. Northwestern Mutual Wealth Management Co. grew its holdings in iShares National Muni Bond ETF by 9.6% in 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 period. Finally, Mercer Global Advisors Inc. ADV grew 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 worth $799,905,000 after purchasing an additional 1,261,391 shares during the period. 90.19% of the stock is owned by institutional investors.
iShares National Muni Bond ETF Stock Performance
Shares of MUB opened at $106.81 on Friday. iShares National Muni Bond ETF has a fifty-two week low of $103.14 and a fifty-two week high of $109.00. The firm’s 50-day simple moving average is $107.15 and its two-hundred day simple moving average is $107.29.
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.
Further Reading
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