Miracle Mile Advisors LLC Raises Position in iShares National Muni Bond ETF (MUB)

Miracle Mile Advisors LLC boosted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 8.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,960 shares of the exchange traded fund’s stock after buying an additional 4,250 shares during the quarter. Miracle Mile Advisors LLC’s holdings in iShares National Muni Bond ETF were worth $6,000,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE lifted its stake in iShares National Muni Bond ETF by 86.0% in the 4th quarter. Bank of America Corp DE now owns 16,103,537 shares of the exchange traded fund’s stock worth $1,755,930,000 after purchasing an additional 7,446,045 shares in the last quarter. Creative Planning lifted its stake in iShares National Muni Bond ETF by 41.7% in the 4th quarter. Creative Planning now owns 4,168,956 shares of the exchange traded fund’s stock worth $454,583,000 after purchasing an additional 1,227,885 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in iShares National Muni Bond ETF by 298.0% in the 4th quarter. Bank of New York Mellon Corp now owns 1,382,618 shares of the exchange traded fund’s stock worth $150,761,000 after purchasing an additional 1,035,227 shares in the last quarter. Aspiriant LLC lifted its stake in iShares National Muni Bond ETF by 804.9% in the 4th quarter. Aspiriant LLC now owns 916,891 shares of the exchange traded fund’s stock worth $99,976,000 after purchasing an additional 815,568 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in iShares National Muni Bond ETF by 17.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,088,140 shares of the exchange traded fund’s stock worth $554,811,000 after purchasing an additional 763,180 shares in the last quarter.

MUB stock opened at $112.45 on Friday. iShares National Muni Bond ETF has a one year low of $106.42 and a one year high of $112.42.

The company also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were given a dividend of $0.2345 per share. This represents a $2.81 annualized dividend and a dividend yield of 2.50%. The ex-dividend date of this dividend was Wednesday, May 1st.

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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).

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Institutional Ownership by Quarter for iShares National Muni Bond ETF (NYSEARCA:MUB)

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