Forum Financial Management LP Decreases Stock Holdings in iShares National Muni Bond ETF $MUB

Forum Financial Management LP lowered its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 70.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,002 shares of the exchange traded fund’s stock after selling 74,902 shares during the period. Forum Financial Management LP’s holdings in iShares National Muni Bond ETF were worth $3,239,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. acquired a new position in iShares National Muni Bond ETF during the first quarter worth about $253,000. Charles Schwab Trust Co raised its position in iShares National Muni Bond ETF by 22.8% during the second quarter. Charles Schwab Trust Co now owns 170,253 shares of the exchange traded fund’s stock worth $17,788,000 after acquiring an additional 31,590 shares during the last quarter. Pathway Financial Advisors LLC increased its position in iShares National Muni Bond ETF by 57.1% during the second quarter. Pathway Financial Advisors LLC now owns 7,132 shares of the exchange traded fund’s stock worth $745,000 after buying an additional 2,592 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of iShares National Muni Bond ETF by 11.5% in the first quarter. GAMMA Investing LLC now owns 127,508 shares of the exchange traded fund’s stock valued at $13,444,000 after acquiring an additional 13,101 shares in the last quarter. Finally, San Luis Wealth Advisors LLC acquired a new position in shares of iShares National Muni Bond ETF in the second quarter valued at approximately $6,113,000. Institutional investors and hedge funds own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

NYSEARCA:MUB opened at $107.60 on Thursday. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year high of $108.60. The firm has a 50 day simple moving average of $105.84 and a 200-day simple moving average of $104.54.

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).