Parsons Capital Management Inc. RI Decreases Position in iShares National Muni Bond ETF (MUB)

Parsons Capital Management Inc. RI trimmed its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.3% in the first quarter, HoldingsChannel.com reports. The firm owned 8,152 shares of the exchange traded fund’s stock after selling 275 shares during the period. Parsons Capital Management Inc. RI’s holdings in iShares National Muni Bond ETF were worth $906,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Sound Income Strategies LLC purchased a new stake in iShares National Muni Bond ETF during the 1st quarter worth $26,000. Proficio Capital Partners LLC purchased a new position in iShares National Muni Bond ETF in the 4th quarter valued at about $31,000. Old North State Trust LLC purchased a new position in iShares National Muni Bond ETF in the 4th quarter valued at about $32,000. Hudock Capital Group LLC boosted its position in iShares National Muni Bond ETF by 193.0% in the 4th quarter. Hudock Capital Group LLC now owns 542 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 357 shares during the last quarter. Finally, Doyle Wealth Management purchased a new position in iShares National Muni Bond ETF in the 4th quarter valued at about $74,000.

NYSEARCA:MUB opened at $111.49 on Monday. iShares National Muni Bond ETF has a 1-year low of $106.42 and a 1-year high of $111.50.

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.2349 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $2.82 annualized dividend and a yield of 2.53%.

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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).

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Institutional Ownership by Quarter for iShares National Muni Bond ETF (NYSEARCA:MUB)

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