JPMorgan Chase & Co. grew its stake in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 5.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,576,697 shares of the exchange traded fund’s stock after purchasing an additional 241,486 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.20% of iShares National Muni Bond ETF worth $487,373,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of MUB. Wellington Management Group LLP purchased a new stake in shares of iShares National Muni Bond ETF during the third quarter worth $387,198,000. Bank of America Corp DE lifted its holdings in iShares National Muni Bond ETF by 9.9% in the third quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock valued at $3,574,913,000 after acquiring an additional 3,026,165 shares during the last quarter. Fisher Asset Management LLC lifted its stake in shares of iShares National Muni Bond ETF by 43.0% in the 2nd quarter. Fisher Asset Management LLC now owns 8,914,935 shares of the exchange traded fund’s stock valued at $931,432,000 after purchasing an additional 2,679,139 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in iShares National Muni Bond ETF by 20.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock worth $799,905,000 after buying an additional 1,261,391 shares during the period. Finally, Laurel Wealth Advisors LLC increased its holdings in iShares National Muni Bond ETF by 11,118.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 1,093,247 shares of the exchange traded fund’s stock valued at $114,222,000 after purchasing an additional 1,083,502 shares during the last quarter. 90.19% of the stock is currently owned by hedge funds and other institutional investors.
iShares National Muni Bond ETF Trading Down 0.1%
Shares of NYSEARCA:MUB opened at $107.22 on Wednesday. iShares National Muni Bond ETF has a 1 year low of $100.29 and a 1 year high of $109.00. The firm’s 50-day moving average is $107.83 and its two-hundred day moving average is $107.17.
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.
Further Reading
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