551,931 Shares in iShares National Muni Bond ETF $MUB Acquired by Gradient Investments LLC

Gradient Investments LLC acquired a new position in iShares National Muni Bond ETF (NYSEARCA:MUB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 551,931 shares of the exchange traded fund’s stock, valued at approximately $55,800,000.

A number of other institutional investors have also recently bought and sold shares of MUB. Bank of America Corp DE increased its holdings in iShares National Muni Bond ETF by 12.8% during 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. boosted its stake in iShares National Muni Bond ETF by 5.3% in 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 acquiring an additional 880,501 shares during the last quarter. Fifth Third Bancorp grew its position in shares of iShares National Muni Bond ETF by 377.8% during the 1st quarter. Fifth Third Bancorp now owns 537,049 shares of the exchange traded fund’s stock valued at $57,008,000 after acquiring an additional 424,640 shares during the period. Cetera Investment Advisers raised its holdings in shares of iShares National Muni Bond ETF by 14.9% in the 1st quarter. Cetera Investment Advisers now owns 3,210,936 shares of the exchange traded fund’s stock worth $340,841,000 after purchasing an additional 416,372 shares during the period. Finally, Hsbc Holdings PLC lifted its stake in iShares National Muni Bond ETF by 904.1% in the fourth quarter. Hsbc Holdings PLC now owns 395,869 shares of the exchange traded fund’s stock valued at $42,402,000 after purchasing an additional 356,444 shares during the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

NYSEARCA:MUB traded up $0.01 during trading hours on Thursday, reaching $100.53. The stock had a trading volume of 11,650,533 shares, compared to its average volume of 5,403,086. The stock has a 50 day simple moving average of $103.91 and a 200 day simple moving average of $105.77. iShares National Muni Bond ETF has a 12-month low of $100.07 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.