IFP Advisors Inc Raises Holdings in iShares National Muni Bond ETF $MUB

IFP Advisors Inc increased its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 30.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,611 shares of the exchange traded fund’s stock after buying an additional 11,140 shares during the period. IFP Advisors Inc’s holdings in iShares National Muni Bond ETF were worth $5,124,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE grew its holdings in 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 worth $4,470,365,000 after acquiring an additional 4,763,839 shares in the last quarter. Wellington Management Group LLP bought a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter valued at about $387,198,000. Allstate Corp raised its holdings in shares of iShares National Muni Bond ETF by 173.3% in 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 in the last quarter. Betterment LLC lifted its position in shares of iShares National Muni Bond ETF by 9.5% in the 4th quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock worth $2,034,042,000 after purchasing an additional 1,646,689 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its position in shares of iShares National Muni Bond ETF by 13.8% in the 4th 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 period. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Trading Down 0.5%

NYSEARCA MUB opened at $103.48 on Thursday. The firm’s 50 day moving average price is $105.78 and its 200-day moving average price is $106.60. iShares National Muni Bond ETF has a 52-week low of $103.44 and a 52-week high of $109.00.

iShares National Muni Bond ETF Company 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.