Bank of New York Mellon Corp Sells 293,544 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Bank of New York Mellon Corp lowered its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,020,029 shares of the exchange traded fund’s stock after selling 293,544 shares during the quarter. Bank of New York Mellon Corp owned about 2.61% of iShares National Muni Bond ETF worth $961,084,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. W.G. Shaheen & Associates DBA Whitney & Co raised its position in shares of iShares National Muni Bond ETF by 7.3% in the 4th quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 4,385 shares of the exchange traded fund’s stock valued at $467,000 after acquiring an additional 299 shares during the period. IFP Advisors Inc increased its stake in iShares National Muni Bond ETF by 27.4% in the fourth quarter. IFP Advisors Inc now owns 15,038 shares of the exchange traded fund’s stock valued at $1,603,000 after purchasing an additional 3,236 shares in the last quarter. Midwest Capital Advisors LLC acquired a new stake in iShares National Muni Bond ETF in the fourth quarter worth $42,000. Partners Wealth Management LLC bought a new position in shares of iShares National Muni Bond ETF during the fourth quarter worth $286,000. Finally, Black Diamond Financial LLC grew its holdings in shares of iShares National Muni Bond ETF by 58.6% in the 4th quarter. Black Diamond Financial LLC now owns 102,064 shares of the exchange traded fund’s stock valued at $10,875,000 after buying an additional 37,731 shares during the period.

iShares National Muni Bond ETF Stock Performance

MUB opened at $107.10 on Tuesday. iShares National Muni Bond ETF has a 12 month low of $105.00 and a 12 month high of $108.81. The company has a fifty day simple moving average of $106.43 and a 200 day simple moving average of $107.35.

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).