M&T Bank Corp Cuts Position in iShares National Muni Bond ETF $MUB
by Teresa Graham · The Cerbat GemM&T Bank Corp decreased its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 98.2% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 4,962 shares of the exchange traded fund’s stock after selling 271,714 shares during the period. M&T Bank Corp’s holdings in iShares National Muni Bond ETF were worth $531,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of the business. Nations Financial Group Inc. IA ADV raised its holdings in iShares National Muni Bond ETF by 1.4% in the third quarter. Nations Financial Group Inc. IA ADV now owns 6,953 shares of the exchange traded fund’s stock valued at $741,000 after buying an additional 93 shares during the period. Princeton Global Asset Management LLC raised its holdings in iShares National Muni Bond ETF by 8.4% in the fourth quarter. Princeton Global Asset Management LLC now owns 1,257 shares of the exchange traded fund’s stock valued at $135,000 after buying an additional 97 shares during the period. Graybill Wealth Management LTD. raised its holdings in iShares National Muni Bond ETF by 1.6% in the third quarter. Graybill Wealth Management LTD. now owns 6,457 shares of the exchange traded fund’s stock valued at $688,000 after buying an additional 100 shares during the period. Inlight Wealth Management LLC raised its holdings in iShares National Muni Bond ETF by 29.0% in the fourth quarter. Inlight Wealth Management LLC now owns 445 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 100 shares during the period. Finally, GW&K Investment Management LLC raised its holdings in iShares National Muni Bond ETF by 8.1% in the third quarter. GW&K Investment Management LLC now owns 1,367 shares of the exchange traded fund’s stock valued at $146,000 after buying an additional 103 shares during the period. Hedge funds and other institutional investors own 90.19% of the company’s stock.
iShares National Muni Bond ETF Stock Performance
NYSEARCA MUB opened at $106.81 on Friday. iShares National Muni Bond ETF has a one year low of $103.14 and a one year high of $109.00. The company’s 50 day moving average price is $107.15 and its 200 day moving average price is $107.29.
iShares National Muni Bond ETF Company 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.