iShares National Muni Bond ETF $MUB Shares Purchased by AMG National Trust Bank

AMG National Trust Bank raised its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 32.7% during the first quarter, Holdings Channel.com reports. The firm owned 176,705 shares of the exchange traded fund’s stock after purchasing an additional 43,538 shares during the quarter. AMG National Trust Bank’s holdings in iShares National Muni Bond ETF were worth $18,757,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MUB. Bank of America Corp DE boosted its position in shares of iShares National Muni Bond ETF by 11.3% during the 4th quarter. Bank of America Corp DE now owns 37,349,821 shares of the exchange traded fund’s stock worth $4,000,539,000 after purchasing an additional 3,779,406 shares in the last quarter. Wellington Management Group LLP purchased a new position in shares of iShares National Muni Bond ETF in the 3rd quarter valued at about $387,198,000. Allstate Corp lifted its stake in shares of iShares National Muni Bond ETF by 173.3% in the fourth quarter. Allstate Corp now owns 3,016,409 shares of the exchange traded fund’s stock valued at $323,088,000 after purchasing an additional 1,912,851 shares during the period. Betterment LLC lifted its stake in shares of iShares National Muni Bond ETF by 9.5% in the fourth quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock valued at $2,034,042,000 after purchasing an additional 1,646,689 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its stake in shares of 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 purchasing an additional 1,261,391 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Down 0.1%

Shares of iShares National Muni Bond ETF stock opened at $106.90 on Tuesday. The company has a 50-day moving average of $106.96 and a two-hundred day moving average of $107.22. 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 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.