PNC Financial Services Group Inc. Has $772.87 Million Stake in iShares National Muni Bond ETF $MUB

PNC Financial Services Group Inc. lowered its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 7,257,669 shares of the exchange traded fund’s stock after selling 270,458 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares National Muni Bond ETF were worth $772,869,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC bought a new position in iShares National Muni Bond ETF during the 4th quarter worth approximately $325,000. Revolve Wealth Partners LLC raised its holdings in iShares National Muni Bond ETF by 10.7% in the fourth quarter. Revolve Wealth Partners LLC now owns 124,193 shares of the exchange traded fund’s stock worth $13,233,000 after purchasing an additional 11,989 shares during the period. Bison Wealth LLC acquired a new stake in iShares National Muni Bond ETF in the fourth quarter worth $516,000. AQR Capital Management LLC boosted its position in shares of iShares National Muni Bond ETF by 21.2% during the first quarter. AQR Capital Management LLC now owns 13,285 shares of the exchange traded fund’s stock worth $1,401,000 after purchasing an additional 2,322 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of iShares National Muni Bond ETF during the second quarter worth $11,143,000. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Performance

MUB opened at $108.26 on Friday. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $108.38. The company has a fifty day simple moving average of $107.39 and a 200 day simple moving average of $106.55.

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.