Phillips Financial Management LLC lowered its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB – Free Report) by 14.3% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 54,986 shares of the exchange traded fund’s stock after selling 9,158 shares during the quarter. Phillips Financial Management LLC’s holdings in iShares National Muni Bond ETF were worth $5,745,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also recently made changes to their positions in MUB. American Capital Advisory LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 1st quarter valued at about $26,000. Financial Network Wealth Advisors LLC increased its position in shares of iShares National Muni Bond ETF by 121.9% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 253 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 139 shares during the last quarter. Raleigh Capital Management Inc. increased its position in shares of iShares National Muni Bond ETF by 2,193.3% during the 1st quarter. Raleigh Capital Management Inc. now owns 344 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 329 shares during the last quarter. HFM Investment Advisors LLC purchased a new stake in shares of iShares National Muni Bond ETF during the 1st quarter valued at about $37,000. Finally, Integrity Financial Corp WA increased its position in shares of iShares National Muni Bond ETF by 55.7% during the 1st quarter. Integrity Financial Corp WA now owns 358 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 128 shares during the last quarter. Hedge funds and other institutional investors own 90.19% of the company’s stock.
iShares National Muni Bond ETF Stock Up 0.1%
NYSEARCA MUB opened at $107.58 on Wednesday. iShares National Muni Bond ETF has a 52 week low of $100.29 and a 52 week high of $108.60. The company has a 50-day moving average price of $105.77 and a 200-day moving average price of $104.52.
About iShares National Muni Bond ETF
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).
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