Investment Planning Advisors Inc. Lowers Stock Holdings in iShares National Muni Bond ETF (NYSEARCA:MUB)

Investment Planning Advisors Inc. reduced its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 50.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 12,143 shares of the exchange traded fund’s stock after selling 12,361 shares during the quarter. iShares National Muni Bond ETF accounts for 0.5% of Investment Planning Advisors Inc.’s investment portfolio, making the stock its 27th biggest holding. Investment Planning Advisors Inc.’s holdings in iShares National Muni Bond ETF were worth $1,280,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of MUB. Bank of America Corp DE lifted its holdings in iShares National Muni Bond ETF by 20.7% in the 4th quarter. Bank of America Corp DE now owns 30,881,189 shares of the exchange traded fund’s stock valued at $3,290,391,000 after purchasing an additional 5,297,542 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares National Muni Bond ETF by 5.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 20,358,585 shares of the exchange traded fund’s stock valued at $2,169,207,000 after acquiring an additional 1,138,987 shares during the last quarter. Betterment LLC increased its position in iShares National Muni Bond ETF by 8.1% during the 4th quarter. Betterment LLC now owns 18,258,259 shares of the exchange traded fund’s stock worth $1,945,417,000 after purchasing an additional 1,371,663 shares in the last quarter. GAMMA Investing LLC increased its position in iShares National Muni Bond ETF by 11,651.4% during the 1st quarter. GAMMA Investing LLC now owns 13,444,444 shares of the exchange traded fund’s stock worth $1,417,582,000 after purchasing an additional 13,330,037 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in iShares National Muni Bond ETF by 17.9% during the 4th quarter. Wells Fargo & Company MN now owns 10,606,146 shares of the exchange traded fund’s stock worth $1,130,085,000 after purchasing an additional 1,608,092 shares in the last quarter.

iShares National Muni Bond ETF Trading Up 0.1%

iShares National Muni Bond ETF stock opened at $104.08 on Tuesday. The stock has a 50 day moving average of $103.91 and a 200-day moving average of $105.34. iShares National Muni Bond ETF has a 52 week low of $100.29 and a 52 week high of $108.81.

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).