iShares National Muni Bond ETF $MUB Position Lowered by First Citizens Asset Management Inc.

First Citizens Asset Management Inc. trimmed its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 46.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 89,351 shares of the exchange traded fund’s stock after selling 77,318 shares during the period. iShares National Muni Bond ETF accounts for 3.4% of First Citizens Asset Management Inc.’s portfolio, making the stock its 8th largest holding. First Citizens Asset Management Inc.’s holdings in iShares National Muni Bond ETF were worth $9,515,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of MUB. Fisher Asset Management LLC grew its position in shares of iShares National Muni Bond ETF by 43.0% during the second quarter. Fisher Asset Management LLC now owns 8,914,935 shares of the exchange traded fund’s stock valued at $931,432,000 after purchasing an additional 2,679,139 shares in the last quarter. US Bancorp DE boosted its stake in iShares National Muni Bond ETF by 34.4% during the second quarter. US Bancorp DE now owns 7,341,914 shares of the exchange traded fund’s stock valued at $767,087,000 after buying an additional 1,877,664 shares during the last quarter. Laurel Wealth Advisors LLC boosted its stake in iShares National Muni Bond ETF by 11,118.5% during the second quarter. Laurel Wealth Advisors LLC now owns 1,093,247 shares of the exchange traded fund’s stock valued at $114,222,000 after buying an additional 1,083,502 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares National Muni Bond ETF by 4.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,357,173 shares of the exchange traded fund’s stock valued at $2,126,917,000 after buying an additional 890,804 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its stake in iShares National Muni Bond ETF by 12.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 4,877,240 shares of the exchange traded fund’s stock worth $509,574,000 after acquiring an additional 555,736 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Down 0.2%

Shares of MUB opened at $107.66 on Tuesday. iShares National Muni Bond ETF has a 1 year low of $100.29 and a 1 year high of $107.96. The business’s 50 day simple moving average is $107.25 and its 200-day simple moving average is $106.30.

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.