NewEdge Wealth LLC Sells 36,575 Shares of iShares National Muni Bond ETF $MUB

NewEdge Wealth LLC trimmed its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 27.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 94,333 shares of the exchange traded fund’s stock after selling 36,575 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares National Muni Bond ETF were worth $10,104,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. Nations Financial Group Inc. IA ADV lifted its position in shares of iShares National Muni Bond ETF by 1.4% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 6,953 shares of the exchange traded fund’s stock valued at $741,000 after acquiring an additional 93 shares during the period. Princeton Global Asset Management LLC lifted its position in shares of iShares National Muni Bond ETF by 8.4% during the 4th quarter. Princeton Global Asset Management LLC now owns 1,257 shares of the exchange traded fund’s stock valued at $135,000 after acquiring an additional 97 shares during the period. Graybill Wealth Management LTD. lifted its position in shares of iShares National Muni Bond ETF by 1.6% during the 3rd quarter. Graybill Wealth Management LTD. now owns 6,457 shares of the exchange traded fund’s stock valued at $688,000 after acquiring an additional 100 shares during the period. Inlight Wealth Management LLC lifted its position in shares of iShares National Muni Bond ETF by 29.0% during the 4th quarter. Inlight Wealth Management LLC now owns 445 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 100 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in shares of iShares National Muni Bond ETF by 1.8% during the 4th quarter. Geneos Wealth Management Inc. now owns 5,616 shares of the exchange traded fund’s stock valued at $602,000 after acquiring an additional 101 shares during the period. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Stock Performance

NYSEARCA:MUB opened at $107.00 on Monday. The stock has a fifty day moving average price of $107.05 and a 200-day moving average price of $107.29. iShares National Muni Bond ETF has a fifty-two week low of $103.14 and a fifty-two week high of $109.00.

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.