FTB Advisors Inc. Sells 2,337 Shares of iShares National Muni Bond ETF (MUB)

FTB Advisors Inc. lessened its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 39.3% during the 3rd quarter, Holdings Channel reports. The firm owned 3,615 shares of the exchange traded fund’s stock after selling 2,337 shares during the period. FTB Advisors Inc.’s holdings in iShares National Muni Bond ETF were worth $390,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fieldpoint Private Securities LLC bought a new position in shares of iShares National Muni Bond ETF in the 2nd quarter valued at about $3,326,000. Pennsylvania Trust Co bought a new position in shares of iShares National Muni Bond ETF in the 3rd quarter valued at about $48,554,000. Chesley Taft & Associates LLC boosted its stake in shares of iShares National Muni Bond ETF by 19.8% in the 3rd quarter. Chesley Taft & Associates LLC now owns 55,300 shares of the exchange traded fund’s stock valued at $5,969,000 after purchasing an additional 9,150 shares during the last quarter. Sei Investments Co. boosted its stake in shares of iShares National Muni Bond ETF by 2.9% in the 2nd quarter. Sei Investments Co. now owns 3,592,661 shares of the exchange traded fund’s stock valued at $391,744,000 after purchasing an additional 102,414 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of iShares National Muni Bond ETF by 14.1% in the 2nd quarter. Bank of America Corp DE now owns 8,058,230 shares of the exchange traded fund’s stock valued at $878,670,000 after purchasing an additional 994,575 shares during the last quarter.

iShares National Muni Bond ETF stock opened at $106.90 on Friday. iShares National Muni Bond ETF has a fifty-two week low of $106.42 and a fifty-two week high of $111.25.

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 7th. Investors of record on Friday, November 2nd were paid a dividend of $0.2471 per share. This is a positive change from iShares National Muni Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date of this dividend was Thursday, November 1st. This represents a $2.96 annualized dividend and a yield of 2.77%.

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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).

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Want to see what other hedge funds are holding MUB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares National Muni Bond ETF (NYSEARCA:MUB).

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

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