Park Avenue Securities LLC Sells 102,030 Shares of iShares National Muni Bond ETF $MUB

Park Avenue Securities LLC trimmed its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 9.2% during the third quarter, HoldingsChannel reports. The fund owned 1,011,015 shares of the exchange traded fund’s stock after selling 102,030 shares during the period. iShares National Muni Bond ETF comprises about 0.8% of Park Avenue Securities LLC’s investment portfolio, making the stock its 21st largest position. Park Avenue Securities LLC’s holdings in iShares National Muni Bond ETF were worth $107,663,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in MUB. Brighton Jones LLC bought a new stake in shares of iShares National Muni Bond ETF in the fourth quarter valued at about $325,000. Revolve Wealth Partners LLC lifted its stake in iShares National Muni Bond ETF by 10.7% in the 4th quarter. Revolve Wealth Partners LLC now owns 124,193 shares of the exchange traded fund’s stock valued at $13,233,000 after acquiring an additional 11,989 shares in the last quarter. Bison Wealth LLC bought a new stake in iShares National Muni Bond ETF in the 4th quarter valued at approximately $516,000. AQR Capital Management LLC boosted its position in iShares National Muni Bond ETF by 21.2% during the 1st quarter. AQR Capital Management LLC now owns 13,285 shares of the exchange traded fund’s stock worth $1,401,000 after acquiring an additional 2,322 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of iShares National Muni Bond ETF by 7.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,199,402 shares of the exchange traded fund’s stock worth $126,465,000 after acquiring an additional 82,277 shares in the last quarter. 90.19% of the stock is owned by institutional investors.

iShares National Muni Bond ETF Trading Up 0.1%

NYSEARCA MUB opened at $107.42 on Wednesday. The firm’s 50 day moving average is $107.09 and its 200-day moving average is $105.83. iShares National Muni Bond ETF has a 12-month low of $100.29 and a 12-month high of $107.72.

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). The Index measures the performance of the investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.