Patton Albertson Miller Group LLC Buys New Holdings in iShares National Muni Bond ETF $MUB

Patton Albertson Miller Group LLC bought a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 12,218 shares of the exchange traded fund’s stock, valued at approximately $1,235,000.

A number of other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in 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 worth $4,470,365,000 after acquiring an additional 4,763,839 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in iShares National Muni Bond ETF by 5.3% in 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 in the last quarter. Bank of New York Mellon Corp lifted its position in iShares National Muni Bond ETF by 3.0% in 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 in the last quarter. Cetera Investment Advisers boosted its stake in 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 purchasing an additional 416,372 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in iShares National Muni Bond ETF by 4.2% during the 1st quarter. Assetmark Inc. now owns 3,196,889 shares of the exchange traded fund’s stock valued at $339,350,000 after purchasing an additional 129,497 shares during the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

iShares National Muni Bond ETF stock opened at $103.82 on Tuesday. The stock has a fifty day simple moving average of $103.05 and a two-hundred day simple moving average of $106.05. iShares National Muni Bond ETF has a 12 month low of $100.07 and a 12 month high of $109.00.

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.