Coastline Trust Co Purchases 28,124 Shares of iShares National Muni Bond ETF $MUB

Coastline Trust Co acquired a new position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 28,124 shares of the exchange traded fund’s stock, valued at approximately $2,843,000.

Several other institutional investors and hedge funds also recently bought and sold shares of MUB. Bank of America Corp DE raised its position in shares of iShares National Muni Bond ETF by 12.8% during the 1st quarter. Bank of America Corp DE now owns 42,113,660 shares of the exchange traded fund’s stock valued at $4,470,365,000 after buying an additional 4,763,839 shares during the period. Envestnet Asset Management Inc. increased its stake in iShares National Muni Bond ETF by 5.3% during the second quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock worth $1,892,488,000 after acquiring an additional 880,501 shares during the last quarter. LPL Financial LLC raised its position in iShares National Muni Bond ETF by 6.0% in 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 purchasing an additional 632,378 shares during the period. Bank of New York Mellon Corp raised its position in iShares National Muni Bond ETF by 3.0% in the first quarter. Bank of New York Mellon Corp now owns 7,303,630 shares of the exchange traded fund’s stock valued at $775,280,000 after purchasing an additional 214,265 shares during the period. Finally, TIAA Trust National Association lifted its stake in shares of iShares National Muni Bond ETF by 3.7% in the 4th quarter. TIAA Trust National Association now owns 5,733,941 shares of the exchange traded fund’s stock valued at $614,162,000 after purchasing an additional 204,696 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB traded up $0.41 during mid-day trading on Thursday, reaching $101.50. 7,853,785 shares of the company’s stock were exchanged, compared to its average volume of 4,996,227. iShares National Muni Bond ETF has a 52-week low of $100.07 and a 52-week high of $109.00. The company’s 50-day moving average is $104.38 and its 200-day moving average is $105.98.

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.