Balentine LLC reduced its stake in shares of iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 3.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 319,698 shares of the exchange traded fund’s stock after selling 9,748 shares during the quarter. iShares National Muni Bond ETF accounts for approximately 1.2% of Balentine LLC’s portfolio, making the stock its 13th largest holding. Balentine LLC’s holdings in iShares National Muni Bond ETF were worth $32,321,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. IMG Wealth Management Inc. lifted its position in shares of iShares National Muni Bond ETF by 79.9% during the 1st quarter. IMG Wealth Management Inc. now owns 241 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 107 shares during the period. Asset Dedication LLC acquired a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter worth approximately $30,000. Next Level Wealth Planning LLC purchased a new position in iShares National Muni Bond ETF in the 3rd quarter valued at approximately $34,000. Security National Bank of SO Dak purchased a new position in iShares National Muni Bond ETF in the 2nd quarter valued at approximately $37,000. Finally, First Bancorp Inc ME purchased a new position in iShares National Muni Bond ETF in the 2nd quarter valued at approximately $38,000. 90.19% of the stock is currently owned by institutional investors and hedge funds.
iShares National Muni Bond ETF Stock Up 0.1%
Shares of MUB stock opened at $104.91 on Friday. The stock has a fifty day moving average price of $102.78 and a 200 day moving average price of $105.87. iShares National Muni Bond ETF has a 1 year low of $100.07 and a 1 year high of $109.00.
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.
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