iShares National Muni Bond ETF $MUB Stock Position Lifted by Cahaba Wealth Management Inc.

Cahaba Wealth Management Inc. increased its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 9.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 383,426 shares of the exchange traded fund’s stock after acquiring an additional 32,462 shares during the period. iShares National Muni Bond ETF comprises about 2.8% of Cahaba Wealth Management Inc.’s holdings, making the stock its 8th largest holding. Cahaba Wealth Management Inc.’s holdings in iShares National Muni Bond ETF were worth $40,701,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of MUB. Bank of America Corp DE lifted its position in iShares National Muni Bond ETF by 11.3% in the fourth quarter. Bank of America Corp DE now owns 37,349,821 shares of the exchange traded fund’s stock valued at $4,000,539,000 after purchasing an additional 3,779,406 shares during the last quarter. Betterment LLC grew its holdings in shares of iShares National Muni Bond ETF by 9.5% in the fourth quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock worth $2,034,042,000 after purchasing an additional 1,646,689 shares during the last quarter. Creative Planning grew its holdings in shares of 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 worth $1,404,732,000 after purchasing an additional 851,224 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares National Muni Bond ETF by 6.0% in the fourth quarter. LPL Financial LLC now owns 11,099,309 shares of the exchange traded fund’s stock worth $1,188,847,000 after purchasing an additional 632,378 shares during the last quarter. Finally, Fisher Asset Management LLC increased its stake in shares of iShares National Muni Bond ETF by 10.2% in the fourth quarter. Fisher Asset Management LLC now owns 10,713,817 shares of the exchange traded fund’s stock worth $1,147,557,000 after buying an additional 988,044 shares during the period. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Trading Down 0.3%

NYSEARCA:MUB opened at $106.91 on Thursday. The company has a fifty day moving average of $106.98 and a 200 day moving average of $107.22. iShares National Muni Bond ETF has a 52 week low of $103.14 and a 52 week 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.