TIAA Trust National Association Has $588.81 Million Stock Position in iShares National Muni Bond ETF $MUB

TIAA Trust National Association raised its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 5.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,529,245 shares of the exchange traded fund’s stock after acquiring an additional 264,111 shares during the quarter. iShares National Muni Bond ETF makes up approximately 1.4% of TIAA Trust National Association’s holdings, making the stock its 17th biggest position. TIAA Trust National Association’s holdings in iShares National Muni Bond ETF were worth $588,808,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in MUB. Hollencrest Capital Management bought a new position in iShares National Muni Bond ETF in the second quarter valued at $26,000. Total Investment Management Inc. bought a new stake in iShares National Muni Bond ETF during the 2nd quarter worth about $33,000. Inlight Wealth Management LLC acquired a new position in shares of iShares National Muni Bond ETF during the 3rd quarter worth about $37,000. Evolution Wealth Management Inc. acquired a new position in shares of iShares National Muni Bond ETF during the 2nd quarter worth about $44,000. Finally, Financial Network Wealth Advisors LLC grew its holdings in shares of iShares National Muni Bond ETF by 83.8% in the 3rd quarter. Financial Network Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock valued at $50,000 after acquiring an additional 212 shares in the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Up 0.2%

NYSEARCA:MUB opened at $108.92 on Friday. iShares National Muni Bond ETF has a 52-week low of $100.29 and a 52-week high of $108.93. The stock’s 50-day simple moving average is $107.68 and its 200 day simple moving average is $106.82.

About iShares National Muni Bond ETF

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.