Bessemer Group Inc. Boosts Stock Position in iShares National Muni Bond ETF $MUB

Bessemer Group Inc. lifted its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 24.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 687,254 shares of the exchange traded fund’s stock after purchasing an additional 134,713 shares during the quarter. Bessemer Group Inc. owned 0.17% of iShares National Muni Bond ETF worth $73,613,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE boosted its holdings in shares of iShares National Muni Bond ETF by 9.9% in the 3rd 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 boosted its holdings in shares of iShares National Muni Bond ETF by 6.9% in the 3rd quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock worth $1,404,732,000 after purchasing an additional 851,224 shares in the last quarter. Fisher Asset Management LLC boosted its holdings in shares of iShares National Muni Bond ETF by 9.1% in the 3rd quarter. Fisher Asset Management LLC now owns 9,725,773 shares of the exchange traded fund’s stock worth $1,035,698,000 after purchasing an additional 810,838 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares National Muni Bond ETF by 9.6% in 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 purchasing an additional 710,666 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in shares of iShares National Muni Bond ETF by 20.2% in 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 purchasing an additional 1,261,391 shares in 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 0.5%

MUB opened at $106.12 on Friday. The stock has a 50-day moving average price of $106.84 and a 200-day moving average price of $107.25. iShares National Muni Bond ETF has a 12-month low of $103.14 and a 12-month 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.