Citizens Financial Group Inc. RI Buys New Stake in iShares National Muni Bond ETF $MUB

Citizens Financial Group Inc. RI bought a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 145,325 shares of the exchange traded fund’s stock, valued at approximately $14,692,000.

A number of other large investors also recently made changes to their positions in the company. Checchi Capital Advisers LLC grew its stake in shares of iShares National Muni Bond ETF by 21.5% in the first quarter. Checchi Capital Advisers LLC now owns 47,229 shares of the exchange traded fund’s stock valued at $5,013,000 after acquiring an additional 8,356 shares in the last quarter. Sterling Investment Advisors Ltd. raised its stake in iShares National Muni Bond ETF by 23.3% in the 2nd quarter. Sterling Investment Advisors Ltd. now owns 62,389 shares of the exchange traded fund’s stock worth $6,714,000 after purchasing an additional 11,800 shares in the last quarter. CX Institutional raised its stake in iShares National Muni Bond ETF by 6.9% in the 3rd quarter. CX Institutional now owns 253,468 shares of the exchange traded fund’s stock worth $25,626,000 after purchasing an additional 16,427 shares in the last quarter. First Heartland Consultants Inc. acquired a new stake in iShares National Muni Bond ETF in the 3rd quarter worth about $2,296,000. Finally, Vicus Capital raised its stake in iShares National Muni Bond ETF by 4.1% in the 1st quarter. Vicus Capital now owns 183,680 shares of the exchange traded fund’s stock worth $19,498,000 after purchasing an additional 7,189 shares in the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

NYSEARCA MUB opened at $103.43 on Friday. iShares National Muni Bond ETF has a 12-month low of $100.07 and a 12-month high of $109.00. The firm has a 50-day moving average price of $103.02 and a two-hundred day moving average price of $105.43.

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.