Bank of New York Mellon Corp Has $884.09 Million Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Bank of New York Mellon Corp lessened its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 7.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,384,779 shares of the exchange traded fund’s stock after selling 635,250 shares during the quarter. Bank of New York Mellon Corp owned 2.24% of iShares National Muni Bond ETF worth $884,091,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in MUB. Bank of America Corp DE raised its stake in shares of iShares National Muni Bond ETF by 20.7% in the 4th quarter. Bank of America Corp DE now owns 30,881,189 shares of the exchange traded fund’s stock valued at $3,290,391,000 after purchasing an additional 5,297,542 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of iShares National Muni Bond ETF by 5.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 20,358,585 shares of the exchange traded fund’s stock valued at $2,169,207,000 after purchasing an additional 1,138,987 shares during the period. Betterment LLC raised its stake in shares of iShares National Muni Bond ETF by 8.1% in the 4th quarter. Betterment LLC now owns 18,258,259 shares of the exchange traded fund’s stock valued at $1,945,417,000 after purchasing an additional 1,371,663 shares during the period. GAMMA Investing LLC raised its stake in shares of iShares National Muni Bond ETF by 11,651.4% in the 1st quarter. GAMMA Investing LLC now owns 13,444,444 shares of the exchange traded fund’s stock valued at $1,417,582,000 after purchasing an additional 13,330,037 shares during the period. Finally, Wells Fargo & Company MN grew its holdings in shares of iShares National Muni Bond ETF by 17.9% in the 4th quarter. Wells Fargo & Company MN now owns 10,606,146 shares of the exchange traded fund’s stock valued at $1,130,085,000 after acquiring an additional 1,608,092 shares in the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $104.27 on Friday. The business has a 50-day moving average of $104.05 and a 200-day moving average of $105.16. iShares National Muni Bond ETF has a fifty-two week low of $100.29 and a fifty-two week high of $108.81.

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).