Cardinal Point Capital Management ULC Trims Stock Position in iShares National Muni Bond ETF $MUB

Cardinal Point Capital Management ULC lessened its position in iShares National Muni Bond ETF (NYSEARCA:MUB) by 3.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 320,647 shares of the exchange traded fund’s stock after selling 10,528 shares during the quarter. iShares National Muni Bond ETF accounts for approximately 2.6% of Cardinal Point Capital Management ULC’s portfolio, making the stock its 8th largest holding. Cardinal Point Capital Management ULC owned about 0.09% of iShares National Muni Bond ETF worth $33,501,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. American Capital Advisory LLC bought a new position in shares of iShares National Muni Bond ETF during the first quarter valued at about $26,000. Financial Network Wealth Advisors LLC grew its stake in shares of iShares National Muni Bond ETF by 121.9% during the first quarter. Financial Network Wealth Advisors LLC now owns 253 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 139 shares during the last quarter. Raleigh Capital Management Inc. boosted its holdings in shares of iShares National Muni Bond ETF by 2,193.3% during the first quarter. Raleigh Capital Management Inc. now owns 344 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 329 shares during the period. HFM Investment Advisors LLC purchased a new stake in shares of iShares National Muni Bond ETF during the first quarter worth about $37,000. Finally, Integrity Financial Corp WA boosted its holdings in shares of iShares National Muni Bond ETF by 55.7% during the first quarter. Integrity Financial Corp WA now owns 358 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 128 shares during the period. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.1%

iShares National Muni Bond ETF stock opened at $107.53 on Friday. The firm has a 50-day moving average of $105.91 and a 200-day moving average of $104.56. iShares National Muni Bond ETF has a 1-year low of $100.29 and a 1-year 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).