IFS Group LLC Purchases Shares of 5,345 iShares National Muni Bond ETF $MUB

IFS Group LLC acquired a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,345 shares of the exchange traded fund’s stock, valued at approximately $567,000.

Other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE lifted its position in iShares National Muni Bond ETF by 11.3% in the 4th quarter. Bank of America Corp DE now owns 37,349,821 shares of the exchange traded fund’s stock worth $4,000,539,000 after buying an additional 3,779,406 shares during the last quarter. Wellington Management Group LLP purchased a new position in shares of iShares National Muni Bond ETF during the third quarter worth approximately $387,198,000. Allstate Corp raised its stake in shares of iShares National Muni Bond ETF by 173.3% during the fourth quarter. Allstate Corp now owns 3,016,409 shares of the exchange traded fund’s stock worth $323,088,000 after acquiring an additional 1,912,851 shares in the last quarter. Betterment LLC lifted its holdings in shares of iShares National Muni Bond ETF by 9.5% in the 4th quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock worth $2,034,042,000 after acquiring an additional 1,646,689 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in shares of iShares National Muni Bond ETF by 13.8% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 8,549,244 shares of the exchange traded fund’s stock worth $915,710,000 after acquiring an additional 1,037,682 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Down 0.2%

Shares of iShares National Muni Bond ETF stock opened at $105.77 on Thursday. iShares National Muni Bond ETF has a 52-week low of $103.58 and a 52-week high of $109.00. The company has a fifty day moving average of $106.87 and a 200-day moving average of $107.14.

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.