Hsbc Holdings PLC Buys 356,444 Shares of iShares National Muni Bond ETF $MUB

Hsbc Holdings PLC raised its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 904.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 395,869 shares of the exchange traded fund’s stock after purchasing an additional 356,444 shares during the period. Hsbc Holdings PLC’s holdings in iShares National Muni Bond ETF were worth $42,402,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MUB. Karpus Management Inc. bought a new stake in shares of iShares National Muni Bond ETF during the 4th quarter worth $25,000. Turning Point Benefit Group Inc. acquired a new position in iShares National Muni Bond ETF in the 3rd quarter valued at $26,000. Dunhill Financial LLC raised its holdings in iShares National Muni Bond ETF by 807.1% in the 4th quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 226 shares during the period. Carolina Wealth Advisors LLC bought a new position in iShares National Muni Bond ETF in the 4th quarter worth $28,000. Finally, Hantz Financial Services Inc. lifted its position in iShares National Muni Bond ETF by 164.1% during the 4th quarter. Hantz Financial Services Inc. now owns 309 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 192 shares during the last quarter. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

iShares National Muni Bond ETF stock opened at $107.50 on Monday. iShares National Muni Bond ETF has a fifty-two week low of $103.14 and a fifty-two week high of $109.00. The firm has a fifty day moving average price of $106.98 and a two-hundred day moving average price of $107.21.

About iShares National Muni Bond ETF

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.