Exchange Bank Has $4.61 Million Holdings in iShares National Muni Bond ETF $MUB

Exchange Bank cut its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 16.8% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 42,838 shares of the exchange traded fund’s stock after selling 8,667 shares during the quarter. iShares National Muni Bond ETF accounts for approximately 2.9% of Exchange Bank’s investment portfolio, making the stock its 5th biggest holding. Exchange Bank’s holdings in iShares National Muni Bond ETF were worth $4,610,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE raised its stake in shares of iShares National Muni Bond ETF by 12.8% in the first quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock worth $4,470,365,000 after purchasing an additional 4,763,839 shares during the last quarter. Betterment LLC lifted its holdings in shares of iShares National Muni Bond ETF by 9.5% during the fourth quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock valued at $2,034,042,000 after purchasing an additional 1,646,689 shares in the last quarter. Creative Planning boosted its position in shares of iShares National Muni Bond ETF by 6.9% during the third quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock valued at $1,404,732,000 after buying an additional 851,224 shares during the last quarter. LPL Financial LLC boosted its position in shares of iShares National Muni Bond ETF by 6.0% during the fourth quarter. LPL Financial LLC now owns 11,099,309 shares of the exchange traded fund’s stock valued at $1,188,847,000 after buying an additional 632,378 shares during the last quarter. Finally, Fisher Asset Management LLC increased its holdings in iShares National Muni Bond ETF by 10.2% in the 4th quarter. Fisher Asset Management LLC now owns 10,713,817 shares of the exchange traded fund’s stock worth $1,147,557,000 after buying an additional 988,044 shares in the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.3%

NYSEARCA MUB opened at $105.94 on Friday. iShares National Muni Bond ETF has a one year low of $103.83 and a one year high of $109.00. The stock has a 50-day moving average of $106.75 and a 200 day moving average of $107.04.

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.