iShares National Muni Bond ETF (NYSEARCA:MUB) is Exchange Bank’s 2nd Largest Position

Exchange Bank lifted its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 64.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,617 shares of the exchange traded fund’s stock after purchasing an additional 22,930 shares during the period. iShares National Muni Bond ETF comprises about 5.0% of Exchange Bank’s investment portfolio, making the stock its 2nd largest position. Exchange Bank’s holdings in iShares National Muni Bond ETF were worth $6,246,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the stock. Wit LLC lifted its holdings in shares of iShares National Muni Bond ETF by 713.9% in the 3rd quarter. Wit LLC now owns 293 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 257 shares during the period. Legacy Investment Solutions LLC bought a new stake in shares of iShares National Muni Bond ETF in the third quarter valued at about $34,000. Contravisory Investment Management Inc. lifted its stake in iShares National Muni Bond ETF by 10,575.0% in the fourth quarter. Contravisory Investment Management Inc. now owns 427 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 423 shares during the period. Cordant Inc. purchased a new position in iShares National Muni Bond ETF during the 3rd quarter valued at about $56,000. Finally, Future Financial Wealth Managment LLC bought a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter valued at about $66,000.

iShares National Muni Bond ETF Price Performance

Shares of NYSEARCA:MUB opened at $106.23 on Tuesday. The firm has a 50 day moving average of $107.04 and a 200 day moving average of $107.48. iShares National Muni Bond ETF has a 52 week low of $105.00 and a 52 week high of $108.81.

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).