iShares National Muni Bond ETF $MUB Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 29.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,278,109 shares of the exchange traded fund’s stock after selling 6,079,064 shares during the period. Envestnet Asset Management Inc. owned about 3.74% of iShares National Muni Bond ETF worth $1,520,476,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of MUB. Hollencrest Capital Management acquired a new position in shares of iShares National Muni Bond ETF in the 2nd quarter worth approximately $26,000. Total Investment Management Inc. acquired a new stake in shares of iShares National Muni Bond ETF during the 2nd quarter valued at approximately $33,000. Inlight Wealth Management LLC acquired a new stake in shares of iShares National Muni Bond ETF during the 3rd quarter valued at approximately $37,000. Harbor Asset Planning Inc. bought a new position in iShares National Muni Bond ETF during the second quarter worth $43,000. Finally, Evolution Wealth Management Inc. acquired a new position in iShares National Muni Bond ETF in the second quarter worth $44,000. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.0%

MUB stock opened at $107.63 on Wednesday. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $107.96. The firm has a fifty day moving average price of $107.26 and a two-hundred day moving average price of $106.33.

iShares National Muni Bond ETF Company 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.