iShares National Muni Bond ETF $MUB Stock: Gerber Kawasaki Wealth & Investment Management Cuts Stake

Gerber Kawasaki Wealth & Investment Management lowered its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 8.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 70,560 shares of the exchange traded fund’s stock after selling 6,616 shares during the quarter. Gerber Kawasaki Wealth & Investment Management’s holdings in iShares National Muni Bond ETF were worth $7,134,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in shares of iShares National Muni Bond ETF by 12.8% in the first 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 buying an additional 4,763,839 shares during the last quarter. Envestnet Asset Management Inc. grew its position in iShares National Muni Bond ETF by 5.3% during the second 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 buying an additional 880,501 shares during the period. Bank of New York Mellon Corp increased its holdings in iShares National Muni Bond ETF by 3.0% during the first 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 buying an additional 214,265 shares during the last quarter. Cetera Investment Advisers increased its holdings in iShares National Muni Bond ETF by 14.9% during the first quarter. Cetera Investment Advisers now owns 3,210,936 shares of the exchange traded fund’s stock valued at $340,841,000 after buying an additional 416,372 shares during the last quarter. Finally, Assetmark Inc. increased its holdings in iShares National Muni Bond ETF by 4.2% during the first quarter. Assetmark Inc. now owns 3,196,889 shares of the exchange traded fund’s stock valued at $339,350,000 after buying an additional 129,497 shares during the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.3%

MUB opened at $103.90 on Tuesday. The firm’s 50 day simple moving average is $102.86 and its two-hundred day simple moving average is $105.94. iShares National Muni Bond ETF has a 1-year low of $100.07 and a 1-year 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.