First Citizens Bank & Trust Co. Has $21.66 Million Stake in iShares National Muni Bond ETF $MUB

First Citizens Bank & Trust Co. reduced its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 7.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 204,025 shares of the exchange traded fund’s stock after selling 15,256 shares during the period. First Citizens Bank & Trust Co.’s holdings in iShares National Muni Bond ETF were worth $21,657,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Bank of America Corp DE grew its holdings in iShares National Muni Bond ETF by 11.3% during the 4th quarter. Bank of America Corp DE now owns 37,349,821 shares of the exchange traded fund’s stock valued at $4,000,539,000 after buying an additional 3,779,406 shares in the last quarter. Betterment LLC boosted its holdings in shares of iShares National Muni Bond ETF by 9.5% in the 4th quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock worth $2,034,042,000 after purchasing an additional 1,646,689 shares in the last quarter. Creative Planning grew its holdings in shares of iShares National Muni Bond ETF by 6.9% during the 3rd quarter. Creative Planning now owns 13,191,212 shares of the exchange traded fund’s stock valued at $1,404,732,000 after purchasing an additional 851,224 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares National Muni Bond ETF by 6.0% during the fourth quarter. LPL Financial LLC now owns 11,099,309 shares of the exchange traded fund’s stock valued at $1,188,847,000 after buying an additional 632,378 shares during the last quarter. Finally, Fisher Asset Management LLC increased its stake in iShares National Muni Bond ETF by 10.2% in the 4th quarter. Fisher Asset Management LLC now owns 10,713,817 shares of the exchange traded fund’s stock worth $1,147,557,000 after purchasing an additional 988,044 shares during the period. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

Shares of iShares National Muni Bond ETF stock opened at $106.17 on Wednesday. The company’s fifty day simple moving average is $106.93 and its two-hundred day simple moving average is $107.21. iShares National Muni Bond ETF has a 12-month low of $103.34 and a 12-month high of $109.00.

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.