Creative Financial Designs Inc. ADV Cuts Holdings in iShares National Muni Bond ETF $MUB

Creative Financial Designs Inc. ADV lessened its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 11.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,917 shares of the exchange traded fund’s stock after selling 4,804 shares during the period. Creative Financial Designs Inc. ADV’s holdings in iShares National Muni Bond ETF were worth $3,962,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Envestnet Asset Management Inc. grew its stake in iShares National Muni Bond ETF by 4.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 20,357,173 shares of the exchange traded fund’s stock worth $2,126,917,000 after buying an additional 890,804 shares in the last quarter. Betterment LLC lifted its holdings in shares of iShares National Muni Bond ETF by 0.8% in the 1st quarter. Betterment LLC now owns 18,408,702 shares of the exchange traded fund’s stock worth $1,941,014,000 after acquiring an additional 150,443 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares National Muni Bond ETF by 3.1% in the 1st quarter. LPL Financial LLC now owns 9,936,130 shares of the exchange traded fund’s stock worth $1,047,666,000 after acquiring an additional 299,520 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of iShares National Muni Bond ETF by 9.6% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 9,199,988 shares of the exchange traded fund’s stock worth $970,047,000 after acquiring an additional 802,170 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares National Muni Bond ETF by 7.8% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 7,588,089 shares of the exchange traded fund’s stock worth $800,088,000 after acquiring an additional 550,570 shares during the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Stock Performance

Shares of MUB opened at $107.36 on Friday. iShares National Muni Bond ETF has a fifty-two week low of $100.29 and a fifty-two week high of $108.60. The firm has a 50 day moving average price of $106.25 and a 200-day moving average price of $104.74.

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).