Bessemer Group Inc. Buys 105,720 Shares of iShares National Muni Bond ETF (NYSEARCA:MUB)

Bessemer Group Inc. lifted its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 23.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 558,358 shares of the exchange traded fund’s stock after purchasing an additional 105,720 shares during the quarter. Bessemer Group Inc.’s holdings in iShares National Muni Bond ETF were worth $59,494,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its holdings in iShares National Muni Bond ETF by 5.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 20,358,585 shares of the exchange traded fund’s stock worth $2,169,207,000 after acquiring an additional 1,138,987 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of iShares National Muni Bond ETF by 17.9% in the 4th quarter. Wells Fargo & Company MN now owns 10,606,146 shares of the exchange traded fund’s stock worth $1,130,085,000 after purchasing an additional 1,608,092 shares in the last quarter. JPMorgan Chase & Co. grew its position in iShares National Muni Bond ETF by 4.2% in the 4th quarter. JPMorgan Chase & Co. now owns 10,105,962 shares of the exchange traded fund’s stock valued at $1,076,790,000 after purchasing an additional 407,750 shares during the period. LPL Financial LLC increased its stake in iShares National Muni Bond ETF by 27.1% during the 4th quarter. LPL Financial LLC now owns 9,636,610 shares of the exchange traded fund’s stock valued at $1,026,781,000 after purchasing an additional 2,053,687 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in iShares National Muni Bond ETF by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,397,818 shares of the exchange traded fund’s stock worth $894,787,000 after buying an additional 140,255 shares during the last quarter.

iShares National Muni Bond ETF Stock Performance

MUB opened at $103.32 on Thursday. iShares National Muni Bond ETF has a fifty-two week low of $100.29 and a fifty-two week high of $108.81. The company’s 50-day moving average is $106.00 and its 200 day moving average is $106.78.

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).