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iShares National Muni Bond ETF
MUB

Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of America
1
Bank of America
North Carolina
$477M +$50.5M +448,926 +12%
PNC Financial Services Group
2
PNC Financial Services Group
Pennsylvania
$458M +$13.7M +121,291 +3%
Betterment LLC
3
Betterment LLC
New York
$370M +$55.5M +493,491 +18%
UBS Group
4
UBS Group
Switzerland
$358M +$30.4M +270,537 +9%
W
5
Wealthfront
California
$330M +$42.5M +377,671 +15%
Wells Fargo
6
Wells Fargo
California
$270M +$33.7M +299,134 +14%
Morgan Stanley
7
Morgan Stanley
New York
$165M -$20M -177,531 -11%
Creative Planning
8
Creative Planning
Kansas
$142M -$1.24M -11,030 -0.9%
Northwestern Mutual Wealth Management
9
Northwestern Mutual Wealth Management
Wisconsin
$114M +$9.5M +84,438 +9%
SEI Investments
10
SEI Investments
Pennsylvania
$75.6M +$14.7M +130,199 +24%
CCWA
11
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$68.7M +$5.33M +47,341 +9%
Nisa Investment Advisors
12
Nisa Investment Advisors
Missouri
$66.9M +$40.1M +356,225 +154%
RJA
13
Raymond James & Associates
Florida
$61.5M +$8.22M +73,013 +16%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$60.9M +$4.64M +41,193 +8%
Jane Street
15
Jane Street
New York
$57.4M +$49.7M +441,383 +710%
US Bancorp
16
US Bancorp
Minnesota
$49.7M +$970K +8,620 +2%
HHGA
17
Halbert Hargrove Global Advisors
California
$47.2M +$46.7M +414,520 New
CAM
18
Caprin Asset Management
Virginia
$45.1M -$2.76M -24,553 -6%
Lazard Asset Management
19
Lazard Asset Management
New York
$42.3M – – –
LPL Financial
20
LPL Financial
California
$42.1M -$38.3M -340,231 -48%
BC
21
Brinker Capital
Pennsylvania
$42M -$75K -666 -0.2%
Ameriprise
22
Ameriprise
Minnesota
$40.4M +$13.2M +116,893 +49%
MNA
23
Manning & Napier Advisors
New York
$30.9M – – –
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$30.2M -$4.25M -37,748 -12%
V
25
Veritable
Delaware
$28M +$151K +1,345 +0.5%
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