Franklin Resources Inc. Has $12.15 Million Stake in iShares National Muni Bond ETF (NYSEARCA:MUB)

Franklin Resources Inc. grew its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 112,935 shares of the exchange traded fund’s stock after purchasing an additional 3,823 shares during the period. Franklin Resources Inc.’s holdings in iShares National Muni Bond ETF were worth $12,154,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its holdings in iShares National Muni Bond ETF by 8.9% during the second quarter. Envestnet Asset Management Inc. now owns 18,518,502 shares of the exchange traded fund’s stock worth $1,973,146,000 after purchasing an additional 1,512,868 shares during the last quarter. Creative Planning lifted its position in shares of iShares National Muni Bond ETF by 6.1% during the 3rd 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. LPL Financial LLC lifted its position in shares of iShares National Muni Bond ETF by 8.4% during the 3rd quarter. LPL Financial LLC now owns 7,582,923 shares of the exchange traded fund’s stock worth $823,733,000 after buying an additional 585,598 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of iShares National Muni Bond ETF by 0.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 7,366,762 shares of the exchange traded fund’s stock worth $800,251,000 after buying an additional 66,958 shares during the last quarter. Finally, US Bancorp DE grew 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 acquiring an additional 1,859,907 shares in the last quarter.

iShares National Muni Bond ETF Trading Up 0.4 %

Shares of iShares National Muni Bond ETF stock opened at $106.20 on Friday. The business’s fifty day simple moving average is $107.47 and its 200 day simple moving average is $107.53. iShares National Muni Bond ETF has a 12 month low of $105.37 and a 12 month high of $108.82.

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).