Pinnacle Wealth Planning Services Inc. Sells 2,463 Shares of iShares National Muni Bond ETF $MUB

Pinnacle Wealth Planning Services Inc. reduced its stake in iShares National Muni Bond ETF (NYSEARCA:MUB) by 37.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,190 shares of the exchange traded fund’s stock after selling 2,463 shares during the quarter. Pinnacle Wealth Planning Services Inc.’s holdings in iShares National Muni Bond ETF were worth $438,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its position in shares of 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 purchasing an additional 890,804 shares during the period. Betterment LLC raised its stake in iShares National Muni Bond ETF by 0.8% during the first quarter. Betterment LLC now owns 18,408,702 shares of the exchange traded fund’s stock worth $1,941,014,000 after buying an additional 150,443 shares during the last quarter. LPL Financial LLC lifted its holdings in iShares National Muni Bond ETF by 3.1% in the first quarter. LPL Financial LLC now owns 9,936,130 shares of the exchange traded fund’s stock valued at $1,047,666,000 after buying an additional 299,520 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in iShares National Muni Bond ETF by 9.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 9,199,988 shares of the exchange traded fund’s stock valued at $970,047,000 after buying an additional 802,170 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in iShares National Muni Bond ETF by 7.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 7,588,089 shares of the exchange traded fund’s stock valued at $800,088,000 after acquiring an additional 550,570 shares during the last quarter. 90.19% of the stock is currently owned by institutional investors.

iShares National Muni Bond ETF Trading Up 0.1%

Shares of iShares National Muni Bond ETF stock opened at $107.21 on Wednesday. The business has a 50-day moving average price of $106.93 and a two-hundred day moving average price of $105.07. 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).