SVB Wealth LLC Decreases Position in iShares National Muni Bond ETF $MUB

SVB Wealth LLC trimmed its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 13.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 66,978 shares of the exchange traded fund’s stock after selling 10,543 shares during the period. SVB Wealth LLC’s holdings in iShares National Muni Bond ETF were worth $7,110,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Aegis Wealth Management Inc. bought a new position in shares of iShares National Muni Bond ETF during the fourth quarter valued at approximately $552,000. Confluence Investment Management LLC lifted its stake in shares of iShares National Muni Bond ETF by 30.9% during the 4th quarter. Confluence Investment Management LLC now owns 29,933 shares of the exchange traded fund’s stock worth $3,206,000 after acquiring an additional 7,072 shares during the last quarter. Cahaba Wealth Management Inc. boosted its holdings in iShares National Muni Bond ETF by 3.4% during the 4th quarter. Cahaba Wealth Management Inc. now owns 350,964 shares of the exchange traded fund’s stock valued at $37,592,000 after acquiring an additional 11,597 shares during the period. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in iShares National Muni Bond ETF during the 3rd quarter valued at $777,000. Finally, CIBC Bancorp USA Inc. purchased a new position in iShares National Muni Bond ETF during the 3rd quarter valued at $12,404,000. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Down 0.0%

Shares of iShares National Muni Bond ETF stock opened at $107.32 on Tuesday. The stock’s fifty day moving average is $106.92 and its two-hundred day moving average is $107.17. iShares National Muni Bond ETF has a 52 week low of $103.14 and a 52 week high of $109.00.

About iShares National Muni Bond ETF

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.