Hsbc Holdings PLC Boosts Position in iShares National Muni Bond ETF $MUB

Hsbc Holdings PLC boosted its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 904.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 395,869 shares of the exchange traded fund’s stock after buying an additional 356,444 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares National Muni Bond ETF were worth $42,402,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MUB. Brighton Jones LLC purchased a new stake in iShares National Muni Bond ETF in the fourth quarter valued at $325,000. Revolve Wealth Partners LLC increased its position in shares of iShares National Muni Bond ETF by 10.7% during the fourth quarter. Revolve Wealth Partners LLC now owns 124,193 shares of the exchange traded fund’s stock worth $13,233,000 after purchasing an additional 11,989 shares in the last quarter. Bison Wealth LLC purchased a new stake in shares of iShares National Muni Bond ETF in the 4th quarter valued at about $516,000. AQR Capital Management LLC lifted its holdings in shares of iShares National Muni Bond ETF by 21.2% in the 1st quarter. AQR Capital Management LLC now owns 13,285 shares of the exchange traded fund’s stock valued at $1,401,000 after purchasing an additional 2,322 shares during the last quarter. Finally, Main Street Financial Solutions LLC boosted its position in shares of iShares National Muni Bond ETF by 5.7% in the 2nd quarter. Main Street Financial Solutions LLC now owns 19,303 shares of the exchange traded fund’s stock valued at $2,017,000 after purchasing an additional 1,039 shares during the period. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Down 0.1%

MUB opened at $107.26 on Wednesday. iShares National Muni Bond ETF has a 52 week low of $103.14 and a 52 week high of $109.00. The business’s 50 day moving average is $106.92 and its two-hundred day moving average is $107.18.

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.