Conrad Siegel Investment Advisors Inc. Grows Stake in iShares National Muni Bond ETF $MUB

Conrad Siegel Investment Advisors Inc. boosted its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 1,677.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 49,118 shares of the exchange traded fund’s stock after purchasing an additional 46,354 shares during the quarter. iShares National Muni Bond ETF makes up 0.8% of Conrad Siegel Investment Advisors Inc.’s portfolio, making the stock its 16th biggest position. Conrad Siegel Investment Advisors Inc.’s holdings in iShares National Muni Bond ETF were worth $4,966,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of MUB. Bank of America Corp DE grew its position in shares of iShares National Muni Bond ETF by 12.8% in the 1st 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 buying an additional 4,763,839 shares during the period. Envestnet Asset Management Inc. lifted its position in iShares National Muni Bond ETF by 5.3% during the 2nd 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 acquiring an additional 880,501 shares during the period. Bank of New York Mellon Corp lifted its position in iShares National Muni Bond ETF by 3.0% during 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 acquiring an additional 214,265 shares during the period. JPMorgan Chase & Co. boosted its stake in 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 boosted its position in shares of iShares National Muni Bond ETF by 14.9% in the 1st quarter. Cetera Investment Advisers now owns 3,210,936 shares of the exchange traded fund’s stock worth $340,841,000 after purchasing an additional 416,372 shares in the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.2%

Shares of NYSEARCA MUB traded up $0.22 during trading on Thursday, reaching $100.74. The company had a trading volume of 24,445,620 shares, compared to its average volume of 5,473,489. The business’s 50-day moving average is $103.91 and its 200 day moving average is $105.77. iShares National Muni Bond ETF has a 12-month low of $100.07 and a 12-month high of $109.00.

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.