Montecito Bank & Trust Has $3.70 Million Stock Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Montecito Bank & Trust lowered its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 18.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,710 shares of the exchange traded fund’s stock after selling 7,850 shares during the quarter. Montecito Bank & Trust’s holdings in iShares National Muni Bond ETF were worth $3,698,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in MUB. Creative Planning increased its holdings in shares of iShares National Muni Bond ETF by 6.1% during the third quarter. Creative Planning now owns 12,627,580 shares of the exchange traded fund’s stock worth $1,371,734,000 after buying an additional 723,492 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in iShares National Muni Bond ETF by 3.0% in the third quarter. JPMorgan Chase & Co. now owns 9,698,212 shares of the exchange traded fund’s stock worth $1,053,517,000 after purchasing an additional 286,468 shares in the last quarter. LPL Financial LLC grew its holdings in shares of iShares National Muni Bond ETF by 8.4% during the third quarter. LPL Financial LLC now owns 7,582,923 shares of the exchange traded fund’s stock worth $823,733,000 after purchasing an additional 585,598 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of iShares National Muni Bond ETF by 0.9% in the third quarter. PNC Financial Services Group Inc. now owns 7,366,762 shares of the exchange traded fund’s stock valued at $800,251,000 after buying an additional 66,958 shares in the last quarter. Finally, US Bancorp DE raised its holdings in shares of iShares National Muni Bond ETF by 37.2% in the third quarter. US Bancorp DE now owns 6,855,514 shares of the exchange traded fund’s stock valued at $744,716,000 after buying an additional 1,859,907 shares during the last quarter.

iShares National Muni Bond ETF Trading Down 0.3 %

Shares of NYSEARCA MUB opened at $106.02 on Friday. iShares National Muni Bond ETF has a 12-month low of $105.00 and a 12-month high of $108.81. The firm’s 50-day simple moving average is $107.01 and its 200 day simple moving average is $107.46.

iShares National Muni Bond ETF 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).