iShares National Muni Bond ETF $MUB Stock Sold by ABLE Financial Group LLC

ABLE Financial Group LLC cut its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 52.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 5,496 shares of the exchange traded fund’s stock after selling 5,945 shares during the quarter. ABLE Financial Group LLC’s holdings in iShares National Muni Bond ETF were worth $556,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. MBM Wealth Consultants LLC purchased a new position in shares of iShares National Muni Bond ETF during the first quarter valued at approximately $26,000. IMG Wealth Management Inc. boosted its position in iShares National Muni Bond ETF by 79.9% during the first quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 107 shares during the last quarter. Asset Dedication LLC boosted its position in iShares National Muni Bond ETF by 9,833.3% during the first quarter. Asset Dedication LLC now owns 298 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 295 shares during the last quarter. Security National Bank of SO Dak purchased a new stake in iShares National Muni Bond ETF in the 2nd quarter worth approximately $37,000. Finally, First Bancorp Inc ME purchased a new stake in iShares National Muni Bond ETF in the 2nd quarter worth approximately $38,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.2%

MUB traded down $0.20 during trading on Wednesday, hitting $101.56. The company’s stock had a trading volume of 9,264,303 shares, compared to its average volume of 5,737,179. The firm’s 50 day moving average price is $103.55 and its 200-day moving average price is $105.63. iShares National Muni Bond ETF has a twelve month low of $100.07 and a twelve month high of $109.00.

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.