Bessemer Group Inc. Cuts Position in iShares National Muni Bond ETF $MUB

Bessemer Group Inc. trimmed its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUBFree Report) by 5.9% during the first quarter, HoldingsChannel reports. The institutional investor owned 647,017 shares of the exchange traded fund’s stock after selling 40,237 shares during the quarter. Bessemer Group Inc.’s holdings in iShares National Muni Bond ETF were worth $68,680,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Bank of America Corp DE increased its position in shares of iShares National Muni Bond ETF by 11.3% in the fourth 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 acquiring an additional 3,779,406 shares in the last quarter. Betterment LLC raised its stake 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 valued at $2,034,042,000 after acquiring an additional 1,646,689 shares during the period. Creative Planning lifted 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 acquiring an additional 851,224 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of iShares National Muni Bond ETF by 6.0% during the 4th quarter. LPL Financial LLC now owns 11,099,309 shares of the exchange traded fund’s stock valued at $1,188,847,000 after acquiring an additional 632,378 shares in the last quarter. Finally, Fisher Asset Management LLC boosted its position in iShares National Muni Bond ETF by 10.2% during 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. 90.19% of the stock is owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Down 0.0%

Shares of iShares National Muni Bond ETF stock opened at $106.58 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 has a fifty day moving average price of $106.95 and a 200 day moving average price of $107.22.

iShares National Muni Bond ETF Company 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.

See Also

Want to see what other hedge funds are holding MUB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares National Muni Bond ETF (NYSEARCA:MUBFree Report).

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

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