Mather Group LLC. Makes New $8.96 Million Investment in iShares National Muni Bond ETF $MUB

Mather Group LLC. acquired a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 88,644 shares of the exchange traded fund’s stock, valued at approximately $8,962,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Bank of America Corp DE raised its holdings in shares of iShares National Muni Bond ETF by 12.8% in the 1st 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 in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of iShares National Muni Bond ETF by 5.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 17,585,152 shares of the exchange traded fund’s stock valued at $1,892,488,000 after acquiring an additional 880,501 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of iShares National Muni Bond ETF by 3.0% during the 1st quarter. Bank of New York Mellon Corp now owns 7,303,630 shares of the exchange traded fund’s stock valued at $775,280,000 after acquiring an additional 214,265 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of iShares National Muni Bond ETF by 14.9% during the 1st quarter. Cetera Investment Advisers now owns 3,210,936 shares of the exchange traded fund’s stock valued at $340,841,000 after acquiring an additional 416,372 shares during the last quarter. Finally, Assetmark Inc. grew its holdings in shares of iShares National Muni Bond ETF by 4.2% during the first quarter. Assetmark Inc. now owns 3,196,889 shares of the exchange traded fund’s stock worth $339,350,000 after purchasing an additional 129,497 shares in the last quarter. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA MUB opened at $101.65 on Thursday. The business has a 50-day moving average of $103.47 and a 200-day moving average of $105.60. iShares National Muni Bond ETF has a 12 month low of $100.07 and a 12 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.