iShares National Muni Bond ETF $MUB Stock Position Lifted by Valmark Advisers Inc.

Valmark Advisers Inc. lifted its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 11.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 89,483 shares of the exchange traded fund’s stock after acquiring an additional 8,867 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares National Muni Bond ETF were worth $9,499,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MUB. UNIVEST FINANCIAL Corp boosted its holdings in iShares National Muni Bond ETF by 4.8% in the first quarter. UNIVEST FINANCIAL Corp now owns 143,747 shares of the exchange traded fund’s stock worth $15,259,000 after purchasing an additional 6,608 shares during the period. Welch & Forbes LLC raised its holdings in shares of iShares National Muni Bond ETF by 77.7% during the first quarter. Welch & Forbes LLC now owns 4,153 shares of the exchange traded fund’s stock worth $441,000 after purchasing an additional 1,816 shares during the period. Midwest Trust Co raised its holdings in shares of iShares National Muni Bond ETF by 33.6% during the first quarter. Midwest Trust Co now owns 51,668 shares of the exchange traded fund’s stock worth $5,485,000 after purchasing an additional 12,994 shares during the period. Fifth Third Bancorp lifted its position in shares of iShares National Muni Bond ETF by 377.8% in the 1st quarter. Fifth Third Bancorp now owns 537,049 shares of the exchange traded fund’s stock worth $57,008,000 after buying an additional 424,640 shares during the last quarter. Finally, Sovran Advisors LLC lifted its position in shares of iShares National Muni Bond ETF by 4.0% in the 1st quarter. Sovran Advisors LLC now owns 39,777 shares of the exchange traded fund’s stock worth $4,261,000 after buying an additional 1,512 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Trading Up 0.1%

Shares of NYSEARCA MUB traded up $0.07 during midday trading on Friday, hitting $107.01. The company’s stock had a trading volume of 1,752,480 shares, compared to its average volume of 3,668,951. iShares National Muni Bond ETF has a 1-year low of $103.14 and a 1-year high of $109.00. The firm’s fifty day moving average price is $106.97 and its 200-day moving average price is $107.22.

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.