Rainey & Randall Investment Management Inc. trimmed its holdings in shares of iShares National Muni Bond ETF (NYSEARCA:MUB) by 28.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,378 shares of the exchange traded fund’s stock after selling 2,875 shares during the period. iShares National Muni Bond ETF accounts for approximately 0.6% of Rainey & Randall Investment Management Inc.’s holdings, making the stock its 21st largest holding. Rainey & Randall Investment Management Inc.’s holdings in iShares National Muni Bond ETF were worth $796,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. McAdam LLC acquired a new stake in iShares National Muni Bond ETF during the 3rd quarter valued at $102,000. Hirtle Callaghan & Co LLC increased its stake in shares of iShares National Muni Bond ETF by 420.6% in the 3rd quarter. Hirtle Callaghan & Co LLC now owns 1,135 shares of the exchange traded fund’s stock valued at $123,000 after buying an additional 917 shares during the period. TCI Wealth Advisors Inc. increased its stake in shares of iShares National Muni Bond ETF by 128.1% in the 3rd quarter. TCI Wealth Advisors Inc. now owns 1,161 shares of the exchange traded fund’s stock valued at $125,000 after buying an additional 652 shares during the period. Palo Capital Inc. acquired a new stake in shares of iShares National Muni Bond ETF in the 3rd quarter valued at $127,000. Finally, Peak Capital Management LLC acquired a new stake in shares of iShares National Muni Bond ETF in the 2nd quarter valued at $160,000.

NYSEARCA MUB opened at $107.36 on Monday. iShares National Muni Bond ETF has a 52 week low of $106.42 and a 52 week high of $111.25.

The company also recently announced a monthly dividend, which was paid on Wednesday, November 7th. Stockholders of record on Friday, November 2nd were paid a $0.2471 dividend. This is a boost from iShares National Muni Bond ETF’s previous monthly dividend of $0.24. This represents a $2.96 annualized dividend and a dividend yield of 2.76%. The ex-dividend date was Thursday, November 1st.

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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).

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Institutional Ownership by Quarter for iShares National Muni Bond ETF (NYSEARCA:MUB)

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