Fisher Asset Management LLC bought a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm bought 13,745,708 shares of the exchange traded fund’s stock, valued at approximately $1,389,691,000. Fisher Asset Management LLC owned approximately 2.62% of iShares National Muni Bond ETF as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in 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. Envestnet Asset Management Inc. grew its stake 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 buying an additional 880,501 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of iShares National Muni Bond ETF by 3.0% during the first quarter. Bank of New York Mellon Corp now owns 7,303,630 shares of the exchange traded fund’s stock worth $775,280,000 after buying an additional 214,265 shares in the last quarter. Cetera Investment Advisers increased 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. Finally, Assetmark Inc. increased its holdings in shares of iShares National Muni Bond ETF by 4.2% during the first quarter. Assetmark Inc. now owns 3,196,889 shares of the exchange traded fund’s stock worth $339,350,000 after buying an additional 129,497 shares in the last quarter. 90.19% of the stock is owned by institutional investors.
iShares National Muni Bond ETF Trading Down 0.8%
NYSEARCA:MUB opened at $103.95 on Friday. iShares National Muni Bond ETF has a 1 year low of $100.07 and a 1 year high of $109.00. The firm has a 50 day moving average of $102.77 and a 200-day moving average of $105.81.
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.
Featured Articles
- Five stocks we like better than iShares National Muni Bond ETF
- Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
- Can NVIDIA Maintain Its Momentum Without Huang?
- Six Flags Lost $366 Million in Q3—Its Insiders Just Went Shopping
- What Went Wrong With Amprius Technologies’ Q3? Less Than You’d Think
Receive News & Ratings for iShares National Muni Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares National Muni Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
