Garner Asset Management Corp lowered its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 88.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,043 shares of the exchange traded fund’s stock after selling 15,942 shares during the period. Garner Asset Management Corp’s holdings in iShares National Muni Bond ETF were worth $212,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Bank of America Corp DE grew its stake 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 buying an additional 4,763,839 shares in the last quarter. Park Avenue Securities LLC acquired a new position in iShares National Muni Bond ETF during the third quarter worth $153,414,000. Signaturefd LLC acquired a new position in iShares National Muni Bond ETF during the third quarter worth $92,707,000. Envestnet Asset Management Inc. raised its position 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 worth $1,892,488,000 after acquiring an additional 880,501 shares in the last quarter. Finally, Wedmont Private Capital raised its position in iShares National Muni Bond ETF by 158.7% during the third quarter. Wedmont Private Capital now owns 1,235,371 shares of the exchange traded fund’s stock worth $124,451,000 after acquiring an additional 757,882 shares in the last quarter. Institutional investors own 90.19% of the company’s stock.
iShares National Muni Bond ETF Stock Up 0.4%
NYSEARCA MUB opened at $104.36 on Thursday. The firm’s fifty day moving average price is $102.80 and its two-hundred day moving average price is $105.90. iShares National Muni Bond ETF has a 1 year low of $100.07 and a 1 year 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.
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