Ramsey Quantitative Systems Takes Position in iShares National Muni Bond ETF $MUB

Ramsey Quantitative Systems purchased a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 15,000 shares of the exchange traded fund’s stock, valued at approximately $1,614,000. iShares National Muni Bond ETF comprises 1.4% of Ramsey Quantitative Systems’ holdings, making the stock its 3rd largest position.

Several other large investors also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in iShares National Muni Bond ETF by 12.8% in 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 acquiring an additional 4,763,839 shares during the period. Wellington Management Group LLP bought a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter valued at about $387,198,000. Allstate Corp grew its stake in shares of 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 purchasing an additional 1,912,851 shares during the period. Betterment LLC increased its position in shares of 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 purchasing an additional 1,646,689 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in shares of 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 purchasing an additional 1,037,682 shares during the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Up 0.1%

Shares of NYSEARCA:MUB opened at $105.93 on Wednesday. The firm’s 50 day moving average price is $106.70 and its 200-day moving average price is $107.02. iShares National Muni Bond ETF has a twelve month low of $103.83 and a twelve month high of $109.00.

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.