Sequoia Financial Advisors LLC Grows Holdings in iShares National Muni Bond ETF $MUB

Sequoia Financial Advisors LLC lifted its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,766,391 shares of the exchange traded fund’s stock after acquiring an additional 61,611 shares during the quarter. iShares National Muni Bond ETF accounts for approximately 1.1% of Sequoia Financial Advisors LLC’s investment portfolio, making the stock its 18th biggest holding. Sequoia Financial Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $189,198,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of MUB. Bank of America Corp DE boosted its position in iShares National Muni Bond ETF by 9.9% during the third quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock worth $3,574,913,000 after purchasing an additional 3,026,165 shares in the last quarter. Creative Planning grew its holdings in iShares National Muni Bond ETF by 6.9% in the third quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock valued at $1,404,732,000 after purchasing an additional 851,224 shares during the period. Fisher Asset Management LLC increased its position in shares of iShares National Muni Bond ETF by 9.1% in the third quarter. Fisher Asset Management LLC now owns 9,725,773 shares of the exchange traded fund’s stock valued at $1,035,698,000 after buying an additional 810,838 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares National Muni Bond ETF by 9.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 8,102,619 shares of the exchange traded fund’s stock worth $862,848,000 after buying an additional 710,666 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its stake in shares of iShares National Muni Bond ETF by 20.2% during the 3rd 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. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Trading Up 0.2%

Shares of NYSEARCA:MUB opened at $106.99 on Thursday. The business’s 50 day moving average price is $107.08 and its 200-day moving average price is $107.29. iShares National Muni Bond ETF has a 1 year low of $103.14 and a 1 year 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.