iShares National Muni Bond ETF $MUB Stock Bought by Charles Schwab Trust Co

Charles Schwab Trust Co boosted its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 127.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 399,584 shares of the exchange traded fund’s stock after purchasing an additional 224,100 shares during the quarter. iShares National Muni Bond ETF comprises about 2.3% of Charles Schwab Trust Co’s portfolio, making the stock its 13th biggest position. Charles Schwab Trust Co’s holdings in iShares National Muni Bond ETF were worth $40,398,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of MUB. Bank of America Corp DE grew 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 worth $4,470,365,000 after buying an additional 4,763,839 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of 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 valued at $1,892,488,000 after buying an additional 880,501 shares during the period. Bank of New York Mellon Corp increased its stake in shares of iShares National Muni Bond ETF by 3.0% during 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 buying an additional 214,265 shares during the period. Cetera Investment Advisers increased its stake in shares of iShares National Muni Bond ETF by 14.9% during the first quarter. Cetera Investment Advisers now owns 3,210,936 shares of the exchange traded fund’s stock valued at $340,841,000 after buying an additional 416,372 shares during the period. Finally, Assetmark Inc. raised its holdings in shares of iShares National Muni Bond ETF by 4.2% in the first quarter. Assetmark Inc. now owns 3,196,889 shares of the exchange traded fund’s stock valued at $339,350,000 after acquiring an additional 129,497 shares in the last quarter. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Performance

Shares of MUB stock traded up $0.77 on Thursday, hitting $102.42. The stock had a trading volume of 6,464,197 shares, compared to its average volume of 5,783,230. iShares National Muni Bond ETF has a one year low of $100.07 and a one year high of $109.00. The business has a 50 day moving average price of $103.47 and a 200 day moving average price of $105.60.

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.