Succession Financial Inc. Acquires New Shares in iShares National Muni Bond ETF $MUB

Succession Financial Inc. bought a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,926 shares of the exchange traded fund’s stock, valued at approximately $638,000. iShares National Muni Bond ETF accounts for about 0.6% of Succession Financial Inc.’s portfolio, making the stock its 15th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE grew its position in shares of iShares National Muni Bond ETF by 12.8% in the first quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock valued at $4,470,365,000 after purchasing an additional 4,763,839 shares in the last quarter. Wellington Management Group LLP bought a new position in iShares National Muni Bond ETF in the 3rd quarter worth about $387,198,000. Allstate Corp boosted its stake in iShares National Muni Bond ETF by 173.3% in the 4th quarter. Allstate Corp now owns 3,016,409 shares of the exchange traded fund’s stock worth $323,088,000 after purchasing an additional 1,912,851 shares during the period. Betterment LLC boosted its stake in iShares National Muni Bond ETF by 9.5% in the 4th quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock worth $2,034,042,000 after purchasing an additional 1,646,689 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its holdings in iShares National Muni Bond ETF by 13.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 8,549,244 shares of the exchange traded fund’s stock valued at $915,710,000 after buying an additional 1,037,682 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.0%

Shares of MUB opened at $104.03 on Friday. The business’s 50-day moving average price is $106.00 and its 200-day moving average price is $106.70. iShares National Muni Bond ETF has a twelve month low of $103.99 and a twelve month high of $109.00.

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.