Mainsail Financial Group LLC boosted its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 32.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 91,867 shares of the exchange traded fund’s stock after purchasing an additional 22,414 shares during the period. iShares National Muni Bond ETF makes up 3.1% of Mainsail Financial Group LLC’s portfolio, making the stock its 11th biggest position. Mainsail Financial Group LLC’s holdings in iShares National Muni Bond ETF were worth $9,288,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted 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 buying an additional 4,763,839 shares in the last quarter. Envestnet Asset Management Inc. boosted 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 buying an additional 880,501 shares during the last quarter. Bank of New York Mellon Corp boosted 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 buying an additional 214,265 shares during the last quarter. Cetera Investment Advisers boosted its position in 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 valued at $340,841,000 after buying an additional 416,372 shares during the last quarter. Finally, Assetmark Inc. grew its stake in shares of 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 acquiring an additional 129,497 shares in the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.
iShares National Muni Bond ETF Stock Performance
Shares of iShares National Muni Bond ETF stock opened at $103.43 on Monday. The business has a 50-day moving average of $103.02 and a 200-day moving average of $105.43. 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 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.
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