BTC Capital Management Inc. Buys 8,131 Shares of iShares National Muni Bond ETF $MUB

BTC Capital Management Inc. increased its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 11.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 81,962 shares of the exchange traded fund’s stock after buying an additional 8,131 shares during the quarter. BTC Capital Management Inc.’s holdings in iShares National Muni Bond ETF were worth $8,728,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Nations Financial Group Inc. IA ADV raised its position in iShares National Muni Bond ETF by 1.4% during the third quarter. Nations Financial Group Inc. IA ADV now owns 6,953 shares of the exchange traded fund’s stock valued at $741,000 after purchasing an additional 93 shares in the last quarter. SWS Partners raised its holdings in shares of iShares National Muni Bond ETF by 0.5% during the 3rd quarter. SWS Partners now owns 20,895 shares of the exchange traded fund’s stock worth $2,225,000 after buying an additional 99 shares in the last quarter. Nvwm LLC lifted its position in shares of iShares National Muni Bond ETF by 2.2% during the 3rd quarter. Nvwm LLC now owns 4,591 shares of the exchange traded fund’s stock worth $489,000 after buying an additional 100 shares during the last quarter. Investment Planning Advisors Inc. boosted its stake in iShares National Muni Bond ETF by 0.7% in the third quarter. Investment Planning Advisors Inc. now owns 13,583 shares of the exchange traded fund’s stock valued at $1,446,000 after buying an additional 100 shares in the last quarter. Finally, Capital Investment Advisory Services LLC boosted its stake in iShares National Muni Bond ETF by 5.5% in the third quarter. Capital Investment Advisory Services LLC now owns 2,052 shares of the exchange traded fund’s stock valued at $219,000 after buying an additional 107 shares in the last quarter. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA MUB opened at $108.26 on Friday. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $108.38. The stock has a 50-day moving average price of $107.39 and a two-hundred day moving average price of $106.53.

iShares National Muni Bond ETF 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.