TIAA Trust National Association Trims Stock Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

TIAA Trust National Association trimmed its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.7% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 4,882,675 shares of the exchange traded fund’s stock after selling 86,744 shares during the period. iShares National Muni Bond ETF makes up about 1.6% of TIAA Trust National Association’s holdings, making the stock its 12th largest holding. TIAA Trust National Association owned approximately 1.41% of iShares National Muni Bond ETF worth $520,249,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MUB. Brooklyn FI LLC lifted its position in iShares National Muni Bond ETF by 6,306.0% in the fourth quarter. Brooklyn FI LLC now owns 6,966,465 shares of the exchange traded fund’s stock valued at $748,438,000 after buying an additional 6,857,716 shares during the last quarter. Life Planning Partners Inc raised its stake in shares of iShares National Muni Bond ETF by 10,274.8% in the 4th quarter. Life Planning Partners Inc now owns 3,676,931 shares of the exchange traded fund’s stock valued at $391,777,000 after acquiring an additional 3,641,490 shares during the period. LPL Financial LLC lifted its holdings in shares of iShares National Muni Bond ETF by 27.1% in the 4th quarter. LPL Financial LLC now owns 9,636,610 shares of the exchange traded fund’s stock worth $1,026,781,000 after acquiring an additional 2,053,687 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of iShares National Muni Bond ETF in the 4th quarter worth approximately $118,242,000. Finally, Sei Investments Co. boosted its position in shares of iShares National Muni Bond ETF by 14.3% during the 4th quarter. Sei Investments Co. now owns 5,523,128 shares of the exchange traded fund’s stock worth $588,490,000 after purchasing an additional 692,406 shares during the period.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA MUB opened at $105.54 on Tuesday. The business’s 50 day moving average is $106.50 and its two-hundred day moving average is $107.15. iShares National Muni Bond ETF has a 52-week low of $105.00 and a 52-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).