Wedmont Private Capital Boosts Stake in iShares National Muni Bond ETF $MUB

Wedmont Private Capital raised its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 477,489 shares of the exchange traded fund’s stock after acquiring an additional 5,016 shares during the quarter. iShares National Muni Bond ETF accounts for approximately 1.4% of Wedmont Private Capital’s investment portfolio, making the stock its 13th largest holding. Wedmont Private Capital’s holdings in iShares National Muni Bond ETF were worth $51,096,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Bank of America Corp DE increased its position 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. Wellington Management Group LLP bought a new stake in iShares National Muni Bond ETF during the third quarter valued at approximately $387,198,000. Allstate Corp grew its stake in iShares National Muni Bond ETF by 173.3% in the 4th quarter. Allstate Corp now owns 3,016,409 shares of the exchange traded fund’s stock worth $323,088,000 after buying an additional 1,912,851 shares in the last quarter. Betterment LLC grew its stake in 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 buying an additional 1,646,689 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased 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 buying an additional 1,037,682 shares during the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Up 0.0%

NYSEARCA MUB opened at $104.03 on Friday. iShares National Muni Bond ETF has a 52-week low of $103.99 and a 52-week high of $109.00. The company has a fifty day moving average of $106.00 and a 200-day moving average of $106.70.

iShares National Muni Bond ETF Company 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.