CX Institutional Has $25.51 Million Position in iShares National Muni Bond ETF $MUB

CX Institutional lowered its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 4.8% in the second quarter, Holdings Channel reports. The institutional investor owned 237,041 shares of the exchange traded fund’s stock after selling 11,965 shares during the period. CX Institutional’s holdings in iShares National Muni Bond ETF were worth $25,510,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Bank of America Corp DE lifted its position in shares of iShares National Muni Bond ETF by 12.8% during 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 during the period. Wellington Management Group LLP acquired a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter valued at approximately $387,198,000. Allstate Corp grew its stake in shares of iShares National Muni Bond ETF by 173.3% during the fourth quarter. Allstate Corp now owns 3,016,409 shares of the exchange traded fund’s stock worth $323,088,000 after buying an additional 1,912,851 shares during the last quarter. Betterment LLC grew its position 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 last quarter. Finally, Mercer Global Advisors Inc. ADV grew its holdings in shares of iShares National Muni Bond ETF by 13.8% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 8,549,244 shares of the exchange traded fund’s stock worth $915,710,000 after purchasing an additional 1,037,682 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

Shares of NYSEARCA MUB opened at $105.45 on Tuesday. iShares National Muni Bond ETF has a 52-week low of $103.83 and a 52-week high of $109.00. The firm has a 50 day moving average price of $106.84 and a two-hundred day moving average price of $107.09.

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.