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iShares National Muni Bond ETF
MUB

Name Holding Trade Value Shares
Change 		Change in
Stake
PNC Financial Services Group
1
PNC Financial Services Group
Pennsylvania
$396M +$35.8M +325,806 +10%
Bank of America
2
Bank of America
North Carolina
$218M +$29.5M +268,784 +16%
W
3
Wealthfront
California
$203M +$29.6M +268,911 +17%
Wells Fargo
4
Wells Fargo
California
$164M +$3.09M +28,136 +2%
Morgan Stanley
5
Morgan Stanley
New York
$140M +$8M +72,791 +6%
UBS Group
6
UBS Group
Switzerland
$125M +$125M +1,135,771 New
Creative Planning
7
Creative Planning
Kansas
$112M +$29.7M +270,136 +36%
Betterment LLC
8
Betterment LLC
New York
$60.5M +$60.3M +548,217 New
MLICM
9
Metropolitan Life Insurance Company (MetLife)
New York
$55.2M +$6.5M +59,128 +13%
US Bancorp
10
US Bancorp
Minnesota
$36.7M +$893K +8,125 +3%
MNA
11
Manning & Napier Advisors
New York
$33.7M – – –
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$32.2M +$2.48M +22,524 +8%
USAA
13
United Services Automobile Association
Texas
$31.5M +$384K +3,498 +1%
V
14
Veritable
Delaware
$29.4M -$186K -1,690 -0.6%
Northwestern Mutual Wealth Management
15
Northwestern Mutual Wealth Management
Wisconsin
$28.9M +$2.59M +23,562 +10%
UCFA
16
United Capital Financial Advisors
Texas
$27.8M +$2.85M +25,906 +11%
PAG
17
Pinnacle Advisory Group
Maryland
$26.4M +$1.11M +10,112 +4%
GMA
18
Goldstein Munger & Associates
California
$25.1M +$1.3M +11,791 +5%
RJA
19
Raymond James & Associates
Florida
$22.2M +$3.8M +34,565 +21%
JP Morgan Chase
20
JP Morgan Chase
New York
$22.2M +$503K +4,574 +2%
LPL Financial
21
LPL Financial
California
$21.9M +$3.87M +35,244 +22%
BTS
22
BB&T Securities
Virginia
$18.8M +$2.53M +23,015 +16%
PFG
23
Piershale Financial Group
Illinois
$16M +$16M +145,399 New
CP
24
Corbenic Partners
Pennsylvania
$15.5M +$1.01M +9,162 +7%
Fifth Third Bancorp
25
Fifth Third Bancorp
Ohio
$14.8M +$778K +7,079 +6%
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