Royal Bank of Canada Has $133.57 Million Stock Position in iShares National Muni Bond ETF $MUB

Royal Bank of Canada reduced its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 2.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,258,347 shares of the exchange traded fund’s stock after selling 29,580 shares during the quarter. Royal Bank of Canada’s holdings in iShares National Muni Bond ETF were worth $133,573,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its stake in iShares National Muni Bond ETF by 11.3% in the fourth quarter. Bank of America Corp DE now owns 37,349,821 shares of the exchange traded fund’s stock valued at $4,000,539,000 after acquiring an additional 3,779,406 shares during the last quarter. Betterment LLC grew its holdings 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 worth $2,034,042,000 after acquiring an additional 1,646,689 shares during the period. Creative Planning raised its position in shares of iShares National Muni Bond ETF by 6.9% during the 3rd quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock valued at $1,404,732,000 after acquiring an additional 851,224 shares during the last quarter. LPL Financial LLC raised its position in shares of iShares National Muni Bond ETF by 6.0% during the 4th quarter. LPL Financial LLC now owns 11,099,309 shares of the exchange traded fund’s stock valued at $1,188,847,000 after acquiring an additional 632,378 shares during the last quarter. Finally, Fisher Asset Management LLC lifted its stake in shares of iShares National Muni Bond ETF by 10.2% in the 4th quarter. Fisher Asset Management LLC now owns 10,713,817 shares of the exchange traded fund’s stock valued at $1,147,557,000 after purchasing an additional 988,044 shares during the period. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Performance

NYSEARCA:MUB opened at $105.76 on Friday. iShares National Muni Bond ETF has a 12-month low of $103.65 and a 12-month high of $109.00. The stock’s fifty day simple moving average is $106.86 and its 200-day simple moving average is $107.12.

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.