Apella Capital LLC Buys 6,959 Shares of iShares National Muni Bond ETF $MUB

Apella Capital LLC grew its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 200,528 shares of the exchange traded fund’s stock after acquiring an additional 6,959 shares during the quarter. Apella Capital LLC’s holdings in iShares National Muni Bond ETF were worth $20,157,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in iShares National Muni Bond ETF by 12.8% during the first quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock worth $4,470,365,000 after acquiring an additional 4,763,839 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares National Muni Bond ETF by 5.3% during the second quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock valued at $1,892,488,000 after purchasing an additional 880,501 shares during the period. Bank of New York Mellon Corp grew its position in shares of iShares National Muni Bond ETF by 3.0% in the 1st quarter. Bank of New York Mellon Corp now owns 7,303,630 shares of the exchange traded fund’s stock valued at $775,280,000 after purchasing an additional 214,265 shares during the period. JPMorgan Chase & Co. increased its position in shares of iShares National Muni Bond ETF by 2.5% during the fourth quarter. JPMorgan Chase & Co. now owns 4,691,873 shares of the exchange traded fund’s stock worth $502,547,000 after acquiring an additional 115,176 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of iShares National Muni Bond ETF by 14.9% during the first quarter. Cetera Investment Advisers now owns 3,210,936 shares of the exchange traded fund’s stock worth $340,841,000 after buying an additional 416,372 shares in the last quarter. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Down 0.0%

MUB stock traded down $0.02 during midday trading on Thursday, hitting $100.50. The company’s stock had a trading volume of 10,757,921 shares, compared to its average volume of 5,396,808. The company’s fifty day moving average price is $103.91 and its 200 day moving average price is $105.77. iShares National Muni Bond ETF has a twelve month low of $100.07 and a twelve 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.