Horizon Investments LLC Boosts Stake in iShares National Muni Bond ETF $MUB

Horizon Investments LLC boosted its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 14.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 64,626 shares of the exchange traded fund’s stock after buying an additional 8,032 shares during the period. Horizon Investments LLC’s holdings in iShares National Muni Bond ETF were worth $6,922,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Wellington Management Group LLP bought a new position in shares of iShares National Muni Bond ETF during the 3rd quarter valued at approximately $387,198,000. Bank of America Corp DE grew its holdings in shares of iShares National Muni Bond ETF by 9.9% in the third quarter. Bank of America Corp DE now owns 33,570,415 shares of the exchange traded fund’s stock valued at $3,574,913,000 after purchasing an additional 3,026,165 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its position in iShares National Muni Bond ETF by 20.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock worth $799,905,000 after purchasing an additional 1,261,391 shares during the last quarter. Creative Planning increased its position in iShares National Muni Bond ETF by 6.9% in the third quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock worth $1,404,732,000 after purchasing an additional 851,224 shares during the last quarter. Finally, Fisher Asset Management LLC raised its stake in iShares National Muni Bond ETF by 9.1% during the third quarter. Fisher Asset Management LLC now owns 9,725,773 shares of the exchange traded fund’s stock valued at $1,035,698,000 after purchasing an additional 810,838 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Down 0.3%

iShares National Muni Bond ETF stock opened at $106.81 on Friday. iShares National Muni Bond ETF has a 52-week low of $103.14 and a 52-week high of $109.00. The firm’s fifty day moving average is $107.15 and its 200 day moving average is $107.29.

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.