Enterprise Bank & Trust Co Acquires New Position in iShares National Muni Bond ETF (MUB)

Enterprise Bank & Trust Co acquired a new stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 43,442 shares of the exchange traded fund’s stock, valued at approximately $4,830,000. iShares National Muni Bond ETF accounts for about 2.0% of Enterprise Bank & Trust Co’s holdings, making the stock its 10th largest holding.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE increased its position in iShares National Muni Bond ETF by 86.0% during the fourth quarter. Bank of America Corp DE now owns 16,103,537 shares of the exchange traded fund’s stock worth $1,755,930,000 after purchasing an additional 7,446,045 shares during the last quarter. Orgel Wealth Management LLC acquired a new position in iShares National Muni Bond ETF during the fourth quarter worth approximately $149,484,000. Creative Planning increased its position in iShares National Muni Bond ETF by 41.7% during the fourth quarter. Creative Planning now owns 4,168,956 shares of the exchange traded fund’s stock worth $454,583,000 after purchasing an additional 1,227,885 shares during the last quarter. Bank of New York Mellon Corp increased its position in iShares National Muni Bond ETF by 298.0% during the fourth quarter. Bank of New York Mellon Corp now owns 1,382,618 shares of the exchange traded fund’s stock worth $150,761,000 after purchasing an additional 1,035,227 shares during the last quarter. Finally, Aspiriant LLC increased its position in iShares National Muni Bond ETF by 804.9% during the fourth quarter. Aspiriant LLC now owns 916,891 shares of the exchange traded fund’s stock worth $99,976,000 after purchasing an additional 815,568 shares during the last quarter.

MUB stock traded up $0.21 on Wednesday, hitting $111.26. 35,882 shares of the company were exchanged, compared to its average volume of 982,225. iShares National Muni Bond ETF has a twelve month low of $106.42 and a twelve month high of $111.37.

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.2349 per share. This represents a $2.82 annualized dividend and a yield of 2.53%. The ex-dividend date was Monday, April 1st.

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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).

See Also: Gap Up Stocks

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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