Lutz Financial Services LLC Trims Holdings in iShares National Muni Bond ETF $MUB

Lutz Financial Services LLC cut its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 1.5% during the third quarter, HoldingsChannel.com reports. The fund owned 338,864 shares of the exchange traded fund’s stock after selling 5,156 shares during the quarter. iShares National Muni Bond ETF makes up approximately 2.6% of Lutz Financial Services LLC’s investment portfolio, making the stock its 11th biggest holding. Lutz Financial Services LLC’s holdings in iShares National Muni Bond ETF were worth $36,086,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Hollencrest Capital Management bought a new stake in iShares National Muni Bond ETF during the second quarter valued at about $26,000. Total Investment Management Inc. purchased a new stake in shares of iShares National Muni Bond ETF during the second quarter worth about $33,000. Inlight Wealth Management LLC purchased a new stake in shares of iShares National Muni Bond ETF during the third quarter worth about $37,000. Evolution Wealth Management Inc. acquired a new position in shares of iShares National Muni Bond ETF during the second quarter valued at about $44,000. Finally, Financial Network Wealth Advisors LLC raised its position in shares of iShares National Muni Bond ETF by 83.8% in the 3rd quarter. Financial Network Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 212 shares during the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Price Performance

NYSEARCA:MUB opened at $108.51 on Tuesday. iShares National Muni Bond ETF has a twelve month low of $100.29 and a twelve month high of $108.65. The company’s 50 day moving average is $107.57 and its two-hundred day moving average is $106.76.

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). The Index measures the performance of the investment-grade segment of the United States municipal bond market. The Fund invests in a representative sample of the securities included in the Index that collectively has an investment profile similar to the Index.