iShares National Muni Bond ETF (NYSEARCA:MUB) Stake Lessened by Fairview Capital Investment Management LLC

Fairview Capital Investment Management LLC lowered its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.4% during the 1st quarter, HoldingsChannel reports. The fund owned 40,875 shares of the exchange traded fund’s stock after selling 1,450 shares during the quarter. Fairview Capital Investment Management LLC’s holdings in iShares National Muni Bond ETF were worth $4,544,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of MUB. Golden State Wealth Management LLC purchased a new stake in iShares National Muni Bond ETF in the 1st quarter worth approximately $249,000. Fifth Third Bancorp boosted its position in iShares National Muni Bond ETF by 8.4% in the 1st quarter. Fifth Third Bancorp now owns 74,580 shares of the exchange traded fund’s stock worth $8,293,000 after purchasing an additional 5,792 shares in the last quarter. Capital Directions Investment Advisors LLC boosted its position in iShares National Muni Bond ETF by 3.6% in the 1st quarter. Capital Directions Investment Advisors LLC now owns 111,465 shares of the exchange traded fund’s stock worth $12,394,000 after purchasing an additional 3,923 shares in the last quarter. AdvisorNet Financial Inc boosted its position in iShares National Muni Bond ETF by 2.8% in the 1st quarter. AdvisorNet Financial Inc now owns 5,711 shares of the exchange traded fund’s stock worth $635,000 after purchasing an additional 155 shares in the last quarter. Finally, Altavista Wealth Management Inc. boosted its position in iShares National Muni Bond ETF by 259.7% in the 1st quarter. Altavista Wealth Management Inc. now owns 7,014 shares of the exchange traded fund’s stock worth $780,000 after purchasing an additional 5,064 shares in the last quarter.

iShares National Muni Bond ETF stock traded up $0.03 during mid-day trading on Friday, hitting $112.78. The company had a trading volume of 460,129 shares, compared to its average volume of 906,028. iShares National Muni Bond ETF has a 12-month low of $106.42 and a 12-month high of $113.04.

The business also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Tuesday, June 4th were given a $0.2403 dividend. This represents a $2.88 annualized dividend and a yield of 2.56%. The ex-dividend date was Monday, June 3rd. This is a positive change from iShares National Muni Bond ETF’s previous monthly dividend of $0.23.

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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).

See Also: Hedge Funds Explained

Want to see what other hedge funds are holding MUB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares National Muni Bond ETF (NYSEARCA:MUB).

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

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