US Bancorp DE Sells 2,268,732 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

US Bancorp DE cut its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 31.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,995,607 shares of the exchange traded fund’s stock after selling 2,268,732 shares during the quarter. iShares National Muni Bond ETF accounts for about 0.7% of US Bancorp DE’s portfolio, making the stock its 29th biggest position. US Bancorp DE owned approximately 1.45% of iShares National Muni Bond ETF worth $532,283,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC bought a new position in iShares National Muni Bond ETF during the fourth quarter valued at about $999,000. Victory Capital Management Inc. purchased a new position in iShares National Muni Bond ETF in the 4th quarter valued at approximately $1,084,000. New York Life Investment Management LLC purchased a new stake in shares of iShares National Muni Bond ETF during the fourth quarter worth $297,000. Accretive Wealth Partners LLC bought a new stake in shares of iShares National Muni Bond ETF during the 4th quarter valued at $285,000. Finally, Aveo Capital Partners LLC grew its holdings in iShares National Muni Bond ETF by 89.4% during the 4th quarter. Aveo Capital Partners LLC now owns 53,117 shares of the exchange traded fund’s stock valued at $5,758,000 after buying an additional 25,078 shares in the last quarter.

iShares National Muni Bond ETF Stock Performance

iShares National Muni Bond ETF stock traded down $0.06 during midday trading on Monday, reaching $108.09. 71,624 shares of the stock were exchanged, compared to its average volume of 3,438,276. The company’s fifty day moving average is $107.52 and its 200-day moving average is $107.11. iShares National Muni Bond ETF has a 52 week low of $100.78 and a 52 week high of $108.82.

About iShares National Muni Bond ETF

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).