Avantax Planning Partners Inc. Trims Stock Holdings in iShares National Muni Bond ETF $MUB

Avantax Planning Partners Inc. lowered its position in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.4% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 495,654 shares of the exchange traded fund’s stock after selling 7,053 shares during the period. iShares National Muni Bond ETF comprises about 1.4% of Avantax Planning Partners Inc.’s investment portfolio, making the stock its 15th largest position. Avantax Planning Partners Inc.’s holdings in iShares National Muni Bond ETF were worth $52,614,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the business. Karpus Management Inc. purchased a new stake in shares of iShares National Muni Bond ETF during the fourth quarter valued at approximately $25,000. MBM Wealth Consultants LLC bought a new position in iShares National Muni Bond ETF in the 1st quarter valued at approximately $26,000. Turning Point Benefit Group Inc. purchased a new stake in iShares National Muni Bond ETF during the 3rd quarter valued at $26,000. Dunhill Financial LLC increased its holdings in shares of iShares National Muni Bond ETF by 807.1% in the 4th quarter. Dunhill Financial LLC now owns 254 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 226 shares in the last quarter. Finally, Carolina Wealth Advisors LLC purchased a new position in shares of iShares National Muni Bond ETF in the fourth quarter worth $28,000. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Down 0.1%

iShares National Muni Bond ETF stock opened at $106.90 on Tuesday. iShares National Muni Bond ETF has a one year low of $103.14 and a one year high of $109.00. The business’s fifty day moving average is $106.96 and its 200 day moving average is $107.22.

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.