iShares National Muni Bond ETF $MUB Shares Bought by Fifth Third Bancorp

Fifth Third Bancorp grew its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 377.8% in the first quarter, Holdings Channel reports. The institutional investor owned 537,049 shares of the exchange traded fund’s stock after buying an additional 424,640 shares during the period. Fifth Third Bancorp’s holdings in iShares National Muni Bond ETF were worth $57,008,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Karpus Management Inc. acquired a new position in shares of iShares National Muni Bond ETF during the fourth quarter worth about $25,000. MBM Wealth Consultants LLC acquired a new stake in iShares National Muni Bond ETF in the first quarter valued at about $26,000. Turning Point Benefit Group Inc. acquired a new stake in iShares National Muni Bond ETF in the third quarter valued at about $26,000. Dunhill Financial LLC boosted 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 valued at $27,000 after purchasing an additional 226 shares in the last quarter. Finally, Carolina Wealth Advisors LLC purchased a new stake in iShares National Muni Bond ETF in the 4th quarter valued at approximately $28,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

NYSEARCA MUB opened at $107.01 on Monday. The business’s 50 day moving average is $106.97 and its two-hundred day moving average is $107.22. iShares National Muni Bond ETF has a 12-month low of $103.14 and a 12-month high of $109.00.

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.