PNC Financial Services Group Inc. Reduces Stake in iShares National Muni Bond ETF (NYSEARCA:MUB)

PNC Financial Services Group Inc. trimmed its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 0.4% during the fourth quarter, Holdings Channel reports. The fund owned 7,338,394 shares of the exchange traded fund’s stock after selling 28,368 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares National Muni Bond ETF were worth $781,906,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Life Planning Partners Inc lifted its stake in shares of iShares National Muni Bond ETF by 10,274.8% during the 4th quarter. Life Planning Partners Inc now owns 3,676,931 shares of the exchange traded fund’s stock valued at $391,777,000 after buying an additional 3,641,490 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares National Muni Bond ETF during the 4th quarter valued at approximately $118,242,000. LPL Financial LLC lifted its stake in shares of iShares National Muni Bond ETF by 8.4% during the 3rd quarter. LPL Financial LLC now owns 7,582,923 shares of the exchange traded fund’s stock valued at $823,733,000 after buying an additional 585,598 shares in the last quarter. Fisher Asset Management LLC lifted its stake in shares of iShares National Muni Bond ETF by 11.5% during the 3rd quarter. Fisher Asset Management LLC now owns 5,274,915 shares of the exchange traded fund’s stock valued at $573,014,000 after buying an additional 542,698 shares in the last quarter. Finally, Centiva Capital LP lifted its stake in shares of iShares National Muni Bond ETF by 166.7% during the 3rd quarter. Centiva Capital LP now owns 800,000 shares of the exchange traded fund’s stock valued at $86,904,000 after buying an additional 500,000 shares in the last quarter.

iShares National Muni Bond ETF Stock Performance

Shares of MUB stock opened at $106.41 on Friday. The firm’s 50 day moving average is $106.58 and its 200 day moving average is $107.31. iShares National Muni Bond ETF has a 12 month low of $105.00 and a 12 month high of $108.81.

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).