Sterling Investment Advisors Ltd. lifted its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 23.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 62,389 shares of the exchange traded fund’s stock after buying an additional 11,800 shares during the period. iShares National Muni Bond ETF comprises approximately 1.0% of Sterling Investment Advisors Ltd.’s portfolio, making the stock its 24th biggest position. Sterling Investment Advisors Ltd.’s holdings in iShares National Muni Bond ETF were worth $6,714,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE raised its position in iShares National Muni Bond ETF by 12.8% during the first 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. Wellington Management Group LLP acquired a new stake in iShares National Muni Bond ETF during the 3rd quarter worth about $387,198,000. Allstate Corp grew its stake in iShares National Muni Bond ETF by 173.3% during the 4th quarter. Allstate Corp now owns 3,016,409 shares of the exchange traded fund’s stock valued at $323,088,000 after acquiring an additional 1,912,851 shares in the last quarter. Betterment LLC grew its stake in iShares National Muni Bond ETF by 9.5% during the 4th quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock valued at $2,034,042,000 after acquiring an additional 1,646,689 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV grew its stake in iShares National Muni Bond ETF by 13.8% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 8,549,244 shares of the exchange traded fund’s stock valued at $915,710,000 after acquiring an additional 1,037,682 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.
iShares National Muni Bond ETF Trading Down 0.0%
Shares of MUB opened at $104.02 on Wednesday. The business’s 50-day moving average is $105.85 and its 200-day moving average is $106.63. iShares National Muni Bond ETF has a fifty-two week low of $103.89 and a fifty-two week 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.
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