PNC Financial Services Group Inc. Raises Stock Holdings in iShares National Muni Bond ETF $MUB

PNC Financial Services Group Inc. raised its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,336,158 shares of the exchange traded fund’s stock after purchasing an additional 78,489 shares during the quarter. PNC Financial Services Group Inc. owned 1.86% of iShares National Muni Bond ETF worth $785,776,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Turning Point Benefit Group Inc. purchased a new position in shares of iShares National Muni Bond ETF during the 3rd quarter valued at approximately $26,000. Dunhill Financial LLC grew its position in shares of iShares National Muni Bond ETF by 807.1% during the fourth quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 226 shares in the last quarter. Carolina Wealth Advisors LLC bought a new stake in shares of iShares National Muni Bond ETF in the fourth quarter worth $28,000. Imprint Wealth LLC bought a new stake in shares of iShares National Muni Bond ETF in the third quarter worth $35,000. Finally, JDM Financial Group LLC acquired a new stake in iShares National Muni Bond ETF in the fourth quarter valued at $38,000. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Trading Down 0.4%

NYSEARCA MUB opened at $105.67 on Wednesday. iShares National Muni Bond ETF has a 12 month low of $103.14 and a 12 month high of $109.00. The company’s fifty day moving average price is $106.77 and its two-hundred day moving average price is $107.23.

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.