iShares National Muni Bond ETF $MUB Shares Sold by Cannon Financial Strategists Inc.

Cannon Financial Strategists Inc. cut its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 57.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,877 shares of the exchange traded fund’s stock after selling 37,481 shares during the period. iShares National Muni Bond ETF makes up approximately 0.5% of Cannon Financial Strategists Inc.’s holdings, making the stock its 19th largest holding. Cannon Financial Strategists Inc.’s holdings in iShares National Muni Bond ETF were worth $2,913,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of MUB. BankPlus Wealth Management LLC grew its holdings in shares of iShares National Muni Bond ETF by 1.9% in the 2nd quarter. BankPlus Wealth Management LLC now owns 5,443 shares of the exchange traded fund’s stock worth $569,000 after acquiring an additional 99 shares during the period. Wakefield Asset Management LLLP raised its holdings in iShares National Muni Bond ETF by 1.1% during the first quarter. Wakefield Asset Management LLLP now owns 9,017 shares of the exchange traded fund’s stock worth $951,000 after purchasing an additional 100 shares during the last quarter. Collaborative Wealth Managment Inc. boosted its position in iShares National Muni Bond ETF by 2.5% during the first quarter. Collaborative Wealth Managment Inc. now owns 4,192 shares of the exchange traded fund’s stock worth $442,000 after purchasing an additional 103 shares in the last quarter. Kathleen S. Wright Associates Inc. boosted its position in iShares National Muni Bond ETF by 5.2% during the first quarter. Kathleen S. Wright Associates Inc. now owns 2,211 shares of the exchange traded fund’s stock worth $233,000 after purchasing an additional 109 shares in the last quarter. Finally, Kagan Cocozza Asset Management grew its holdings in iShares National Muni Bond ETF by 1.6% in the second quarter. Kagan Cocozza Asset Management now owns 6,862 shares of the exchange traded fund’s stock valued at $717,000 after purchasing an additional 109 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors and hedge funds.

iShares National Muni Bond ETF Stock Performance

Shares of MUB stock opened at $107.22 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 business has a fifty day simple moving average of $106.59 and a 200-day simple moving average of $104.90.

iShares National Muni Bond ETF Company 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).