SteelPeak Wealth LLC Sells 6,726 Shares of iShares National Muni Bond ETF $MUB

SteelPeak Wealth LLC lowered its holdings in iShares National Muni Bond ETF (NYSEARCA:MUB) by 20.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,752 shares of the exchange traded fund’s stock after selling 6,726 shares during the period. SteelPeak Wealth LLC’s holdings in iShares National Muni Bond ETF were worth $2,840,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Independent Financial Group LLC bought a new position in shares of iShares National Muni Bond ETF during the 1st quarter valued at about $2,153,000. Frazier Financial Advisors LLC bought a new stake in iShares National Muni Bond ETF in the 1st quarter worth approximately $45,000. D.A. Davidson & CO. lifted its position in iShares National Muni Bond ETF by 11.1% in the 1st quarter. D.A. Davidson & CO. now owns 12,391 shares of the exchange traded fund’s stock worth $1,315,000 after buying an additional 1,235 shares during the last quarter. NerdWallet Wealth Partners LLC purchased a new stake in shares of iShares National Muni Bond ETF in the 1st quarter valued at $311,000. Finally, Bank of New York Mellon Corp grew its holdings in shares of iShares National Muni Bond ETF by 3.0% during the 1st quarter. Bank of New York Mellon Corp now owns 7,303,630 shares of the exchange traded fund’s stock valued at $775,280,000 after purchasing an additional 214,265 shares during the last quarter. Institutional investors own 90.19% of the company’s stock.

iShares National Muni Bond ETF Trading Down 0.0%

Shares of NYSEARCA:MUB opened at $106.58 on Friday. The company’s fifty day moving average is $106.95 and its 200 day moving average is $107.22. iShares National Muni Bond ETF has a 52 week low of $103.14 and a 52 week high of $109.00.

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). 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.