Janney Montgomery Scott LLC Acquires 28,842 Shares of iShares National Muni Bond ETF (MUB)

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Janney Montgomery Scott LLC lifted its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 137.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,858 shares of the exchange traded fund’s stock after purchasing an additional 28,842 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares National Muni Bond ETF were worth $5,382,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE grew its stake in 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 worth $878,670,000 after acquiring an additional 994,575 shares during the period. PNC Financial Services Group Inc. grew its stake in iShares National Muni Bond ETF by 0.8% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,330,856 shares of the exchange traded fund’s stock worth $472,238,000 after acquiring an additional 33,644 shares during the period. Sei Investments Co. grew its stake in 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 worth $391,744,000 after acquiring an additional 102,414 shares during the period. Creative Planning grew its stake in iShares National Muni Bond ETF by 318.4% in the 2nd quarter. Creative Planning now owns 3,557,449 shares of the exchange traded fund’s stock worth $387,904,000 after acquiring an additional 2,707,274 shares during the period. Finally, BlackRock Inc. grew its stake in iShares National Muni Bond ETF by 1,208.4% in the 2nd quarter. BlackRock Inc. now owns 3,446,596 shares of the exchange traded fund’s stock worth $375,817,000 after acquiring an additional 3,183,174 shares during the period.

Shares of NYSEARCA MUB opened at $107.02 on Wednesday. iShares National Muni Bond ETF has a 52-week low of $106.42 and a 52-week high of $111.25.

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

Further Reading: Insider Trading – What You Need to Know

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

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