Rehmann Capital Advisory Group Reduces Stock Position in iShares National Muni Bond ETF $MUB

Rehmann Capital Advisory Group lessened its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 60.0% in the second quarter, HoldingsChannel reports. The firm owned 17,828 shares of the exchange traded fund’s stock after selling 26,727 shares during the quarter. Rehmann Capital Advisory Group’s holdings in iShares National Muni Bond ETF were worth $1,863,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. purchased a new stake in iShares National Muni Bond ETF during the 1st quarter worth about $253,000. Charles Schwab Trust Co grew its holdings in iShares National Muni Bond ETF by 22.8% in the 2nd quarter. Charles Schwab Trust Co now owns 170,253 shares of the exchange traded fund’s stock valued at $17,788,000 after buying an additional 31,590 shares during the period. Pathway Financial Advisors LLC grew its holdings in iShares National Muni Bond ETF by 57.1% in the 2nd quarter. Pathway Financial Advisors LLC now owns 7,132 shares of the exchange traded fund’s stock valued at $745,000 after buying an additional 2,592 shares during the period. GAMMA Investing LLC grew its holdings in iShares National Muni Bond ETF by 11.5% in the 1st quarter. GAMMA Investing LLC now owns 127,508 shares of the exchange traded fund’s stock valued at $13,444,000 after buying an additional 13,101 shares during the period. Finally, San Luis Wealth Advisors LLC purchased a new stake in iShares National Muni Bond ETF in the 2nd quarter valued at about $6,113,000. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

MUB opened at $107.60 on Thursday. The business has a 50-day moving average of $105.84 and a two-hundred day moving average of $104.54. iShares National Muni Bond ETF has a 12 month low of $100.29 and a 12 month high of $108.60.

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).