Sequoia Financial Advisors LLC Boosts Position in iShares National Muni Bond ETF $MUB

Sequoia Financial Advisors LLC raised its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,766,391 shares of the exchange traded fund’s stock after acquiring an additional 61,611 shares during the period. iShares National Muni Bond ETF makes up about 1.1% of Sequoia Financial Advisors LLC’s portfolio, making the stock its 18th biggest position. Sequoia Financial Advisors LLC owned about 0.45% of iShares National Muni Bond ETF worth $189,198,000 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 9.9% during the 3rd quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock valued at $3,574,913,000 after buying an additional 3,026,165 shares during the last quarter. Creative Planning boosted its stake in shares of iShares National Muni Bond ETF by 6.9% in the third quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock worth $1,404,732,000 after buying an additional 851,224 shares during the last quarter. Fisher Asset Management LLC grew its holdings in iShares National Muni Bond ETF by 9.1% during the third quarter. Fisher Asset Management LLC now owns 9,725,773 shares of the exchange traded fund’s stock worth $1,035,698,000 after acquiring an additional 810,838 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in iShares National Muni Bond ETF by 9.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 8,102,619 shares of the exchange traded fund’s stock worth $862,848,000 after acquiring an additional 710,666 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its position in iShares National Muni Bond ETF by 20.2% during the third quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock valued at $799,905,000 after acquiring an additional 1,261,391 shares in the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA:MUB opened at $106.99 on Thursday. iShares National Muni Bond ETF has a 12-month low of $103.14 and a 12-month high of $109.00. The business has a 50 day moving average of $107.08 and a two-hundred day moving average of $107.29.

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.