The Manufacturers Life Insurance Company Has $22.99 Million Position in iShares National Muni Bond ETF (NYSEARCA:MUB)

The Manufacturers Life Insurance Company raised its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 5.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 211,634 shares of the exchange traded fund’s stock after purchasing an additional 11,137 shares during the period. The Manufacturers Life Insurance Company’s holdings in iShares National Muni Bond ETF were worth $22,990,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares National Muni Bond ETF in the 2nd quarter valued at $33,000. Slocum Gordon & Co LLP acquired a new stake in shares of iShares National Muni Bond ETF in the 2nd quarter valued at $33,000. GHP Investment Advisors Inc. acquired a new stake in shares of iShares National Muni Bond ETF in the 2nd quarter valued at $44,000. Cordant Inc. bought a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter worth about $56,000. Finally, Family Asset Management LLC increased its position in shares of iShares National Muni Bond ETF by 1,858.1% during the 2nd quarter. Family Asset Management LLC now owns 607 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 576 shares in the last quarter.

iShares National Muni Bond ETF Price Performance

Shares of MUB stock opened at $108.54 on Friday. iShares National Muni Bond ETF has a 12-month low of $105.37 and a 12-month high of $108.82. The firm has a 50-day moving average price of $107.66 and a 200 day moving average price of $107.38.

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).