Sawtooth Solutions LLC raised its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 897.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 32,486 shares of the exchange traded fund’s stock after purchasing an additional 29,230 shares during the quarter. Sawtooth Solutions LLC’s holdings in iShares National Muni Bond ETF were worth $3,612,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Corient Capital Partners LLC boosted its holdings in shares of iShares National Muni Bond ETF by 13.1% in the first quarter. Corient Capital Partners LLC now owns 9,096 shares of the exchange traded fund’s stock valued at $1,011,000 after purchasing an additional 1,051 shares during the period. VisionPoint Advisory Group LLC boosted its holdings in shares of iShares National Muni Bond ETF by 1.8% in the first quarter. VisionPoint Advisory Group LLC now owns 10,316 shares of the exchange traded fund’s stock valued at $1,147,000 after purchasing an additional 178 shares during the period. Lido Advisors LLC boosted its holdings in shares of iShares National Muni Bond ETF by 9.4% in the first quarter. Lido Advisors LLC now owns 2,327 shares of the exchange traded fund’s stock valued at $258,000 after purchasing an additional 200 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in shares of iShares National Muni Bond ETF by 21.1% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 32,161 shares of the exchange traded fund’s stock valued at $3,578,000 after purchasing an additional 5,614 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in shares of iShares National Muni Bond ETF by 5.7% in the first quarter. Wells Fargo & Company MN now owns 2,707,302 shares of the exchange traded fund’s stock valued at $301,025,000 after purchasing an additional 146,789 shares during the period.

Shares of NYSEARCA MUB traded down $0.13 during trading hours on Monday, reaching $112.74. The stock had a trading volume of 3,785 shares, compared to its average volume of 913,819. iShares National Muni Bond ETF has a 52-week low of $106.42 and a 52-week high of $113.04.

The company also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were issued a $0.2345 dividend. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $2.81 dividend on an annualized basis and a dividend yield of 2.50%.

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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).

Further Reading: Compound Interest and Why It Matters When Investing

Want to see what other hedge funds are holding MUB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares National Muni Bond ETF (NYSEARCA:MUB).

Institutional Ownership by Quarter for iShares National Muni Bond ETF (NYSEARCA:MUB)

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