Kovitz Investment Group Partners LLC Cuts Stock Position in iShares National Muni Bond ETF $MUB

Kovitz Investment Group Partners LLC lessened its holdings in iShares National Muni Bond ETF (NYSEARCA:MUBFree Report) by 86.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,391 shares of the exchange traded fund’s stock after selling 164,844 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in iShares National Muni Bond ETF were worth $2,827,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in MUB. Bank of America Corp DE raised its stake in shares of 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 worth $4,000,539,000 after purchasing an additional 3,779,406 shares during the period. Wellington Management Group LLP bought a new position in iShares National Muni Bond ETF during the third quarter valued at about $387,198,000. Allstate Corp increased its holdings in iShares National Muni Bond ETF by 173.3% during the fourth quarter. Allstate Corp now owns 3,016,409 shares of the exchange traded fund’s stock worth $323,088,000 after buying an additional 1,912,851 shares during the last quarter. Betterment LLC increased its holdings in iShares National Muni Bond ETF by 9.5% during the fourth quarter. Betterment LLC now owns 18,990,218 shares of the exchange traded fund’s stock worth $2,034,042,000 after buying an additional 1,646,689 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its position in iShares National Muni Bond ETF by 20.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 7,511,562 shares of the exchange traded fund’s stock worth $799,905,000 after acquiring an additional 1,261,391 shares during the period. 90.19% of the stock is owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Stock Performance

MUB opened at $107.33 on Friday. iShares National Muni Bond ETF has a twelve month low of $103.14 and a twelve month high of $109.00. The company’s 50-day moving average price is $106.91 and its two-hundred day moving average price is $107.17.

iShares National Muni Bond ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for iShares National Muni Bond ETF (NYSEARCA:MUB)

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