iShares National Muni Bond ETF $MUB Position Trimmed by Exchange Bank

Exchange Bank decreased its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 16.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 42,838 shares of the exchange traded fund’s stock after selling 8,667 shares during the period. iShares National Muni Bond ETF accounts for 2.9% of Exchange Bank’s portfolio, making the stock its 5th largest position. Exchange Bank’s holdings in iShares National Muni Bond ETF were worth $4,610,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in MUB. Karpus Management Inc. bought a new stake in shares of iShares National Muni Bond ETF in the 4th quarter worth approximately $25,000. MBM Wealth Consultants LLC bought a new position in iShares National Muni Bond ETF during the 1st quarter valued at approximately $26,000. IMG Wealth Management Inc. increased its position in iShares National Muni Bond ETF by 79.9% during the 1st quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 107 shares in the last quarter. Turning Point Benefit Group Inc. bought a new position in iShares National Muni Bond ETF during the 3rd quarter valued at approximately $26,000. Finally, Dunhill Financial LLC raised its stake in iShares National Muni Bond ETF by 807.1% during the fourth quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 226 shares during the last quarter. 90.19% of the stock is currently owned by hedge funds and other institutional investors.

iShares National Muni Bond ETF Trading Up 0.3%

Shares of NYSEARCA:MUB opened at $105.94 on Friday. The stock has a fifty day simple moving average of $106.75 and a two-hundred day simple moving average of $107.04. iShares National Muni Bond ETF has a 12-month low of $103.83 and a 12-month 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.